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Thursday, March 2, 2023

Fundamental: Japan corporate capex rises despite weaker profits

Forex Factory
 
 
Alert Alert Mar 2, 2023, 8:06am
 
Fundamental: Japan corporate capex rises despite weaker profits
Japanese companies raised spending on plant and equipment for a seventh straight quarter in the final three months of 2022, data released on Thursday showed, offering relief to policymakers counting on a private demand-led recovery from COVID. Ministry of Finance (MOF) data out on Thursday showed Japanese firms raised capital expenditure in October-December ...
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