empty
 
 

2018.09.0301:32:00UTC+00Japan Capital Spending Rises Most Since 2007

Japanese companies' capital spending increased the most in more than a decade in April to June period, data from the Finance Ministry revealed Monday.

Capital spending surged 12.8 percent year-on-year in the June quarter, faster than the 3.4 percent increase a quarter ago. This was the strongest growth since 2007.

Capital spending excluding software advanced 6.9 percent on quarter.

Capital spending data points to an upward revision to GDP growth in next week's second estimate, Marcel Thieliant, an economist at Capital Economics, said. Revised GDP data is due on September 10.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback