Japan Business Investment Rises


Tokyo, Dec 3 (IANS): Capital spending by Japanese firms was up 2.2 percent in the three months through September from a year earlier, according to government data.

Business investment by all non-financial sectors for purposes such as building plants and introducing new equipment totalled 8.81 trillion yen (about $106.89 billion), the finance ministry said.

The data will affect revisions to Japan's economic growth figures, the revised third-quarter gross domestic product, which the Cabinet Office is set to release Dec 10, reported Xinhua.

  

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Title: Japan Business Investment Rises



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