Japan Q4 corporate capex up 16.4% yr/yr – MOF

TOKYO : Japanese companies raised spending on plant and tools in October-December by 16.4 per cent from the an analogous length a 365 days earlier, Ministry of Finance records showed on Monday.

The records will be used to calculate revised snide home product figures due on March 11 and follows a preliminary estimate that Japan’s economy diminished in size 0.4 per cent annualised within the fourth quarter.