Japan Q3 capital spending +7.1% y/y vs +5.0% expected

Author: Adam Button | Category: News

Strong capex numbers from Japan

  • Prior was +1.9%
  • Spending ex software +7.7% vs +4.4% expected
  • Company profits -5.3% vs -2.0% expected
  • Company sales -2.6% vs +0.4% prior
The profitability numbers are concerning but the willingness of companies to spend shows confidence in future  growth and profitability.

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