CORRECTED-Japan Oct-Dec corporate capex up 4.3 pct year/year - MOF

By Kitco News / February 28, 2018 / www.kitco.com / Article Link

(Corrects year-on-year measure in opening pragraph to 2016 from"last year")TOKYO, March 1 (Reuters) - Japanese companies raisedspending on factories and equipment in October-December by 4.3percent from the same period in 2016, Ministry of Finance datashowed on Thursday.Excluding software, capital expenditure rose 3.1 percentfrom the previous quarter on a seasonally adjusted basis.The data will be used to calculate revised gross domesticproduct figures due March 8.A preliminary estimate last month showed that Japan'seconomy had expanded at a 0.5 percent annualised rate in thefourth quarter, marking the longest continuous streak of gainssince the 1980s bubble economy. (Reporting by Stanley WhiteEditing by Minami Funakoshi)

twitter.com/stanleywhite1; Reuters Messaging:stanley.white.reuters.com@reuters.net)) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok