TOKYO, Mar 2 (NNN-NHK) – Capital spending by Japanese companies rose 7.7 percent in the final three months of 2022, from the same period of the previous year, government data showed, today.
According to the Ministry of Finance, investment by all non-financial sectors, for purposes such as building factories and adding equipment, in Oct-Dec, 2022, totalled 12.44 trillion yen (91 billion U.S. dollars), up for seven straight quarters.
Quarter-on-quarter, capital expenditure in seasonally adjusted terms rose 0.5 percent, the data showed.
The data will be reflected in revised gross domestic product figures, scheduled to be released by the Cabinet Office, on Mar 9.– NNN-NHK
