Japan Q2 corporate capex rises 4.5% qtr/qtr

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Japan Q2 corporate capex rises 4.5% qtr/qtr
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TOKYO : Japanese companies raised spending on plant and equipment in the April-June quarter by 4.5 per cent from the same period a year earlier, the Ministry of Finance (MOF) said on Friday.The data will be used to calculate revised gross domestic product figures due on Sept. 8 and follows a preliminary e

TOKYO : Japanese companies raised spending on plant and equipment in the April-June quarter by 4.5 per cent from the same period a year earlier, the Ministry of Finance said on Friday.

The data will be used to calculate revised gross domestic product figures due on Sept. 8 and follows a preliminary estimate that Japan's economy expanded 6 per cent in the second quarter driven by external demand.

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