Japan's business investment up 7.4 percent in Q1


(MENAFN) The Japanese government announced that business investment of the country's firms has increased 7.4 percent in the January-March period over a year earlier, Xinhua reported. According to Japan's Finance Ministry, the capital spending by all nonfinancial sectors for purposes, including building plants and introducing new equipment, amounted around USD120.27 billion. The data would affect revisions to the country's economic growth figures, with the Cabinet Office set to release revised gross domestic product data for the same period on June 9.


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