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Japanese Capital Spending Dips Lower Than Forecasted |
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Asian Economy |
Written by CEP News |
Sep 04 08 23:57 GMT |
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(CEP News) - Japanese capital spending decreased far more than expected for the second quarter, by 6.5% despite expectations for a 0.9% increase and against a 4.9% decline in the first quarter.
Capital spending excluding software also took a deeper dive than expected, decreasing by 7.5% against the forecast for a 1.0% decrease and last month's decrease of 5.3%. By Megan Ainscow,
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