Latest


Japan's capital spending in Oct-Dec 2022 up 7.7% y-o-y

  •   Thu, Mar 02 2023 02:46:45 PM

Tokyo, Mar 2 (IANS): Capital spending by Japanese companies rose 7.7 per cent in the final three months of 2022 from the same period of the previous year, government data showed on Thursday.

According to Ministry of Finance, investment by all non-financial sectors for purposes such as building factories and adding equipment in October-December 2022 totaled 12.44 trillion yen ($91 billion), up for seven straight quarters, reports Xinhua news agency.

Quarter-on-quarter, capital expenditure in seasonally adjusted terms rose 0.5 per cent, the data showed.

The data will be reflected in revised gross domestic product figures scheduled to release by the Cabinet Office on March 9.

 
  

Top Stories


Leave a Comment

Title: Japan's capital spending in Oct-Dec 2022 up 7.7% y-o-y



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like