23:53Nov 30, 2021Reuters

Japan Q3 corporate capex up 1.2% year/year - MOF

Japanese companies raised spending on factories and equipment by 1.2% in July-September from the same period a year earlier, Ministry of Finance (MOF) data showed on Wednesday.

On a seasonally adjusted basis, capital expenditure fell 2.6% quarter-on-quarter.

The data will be used to calculate revised gross domestic product figures due on Dec. 8 after a preliminary estimate showed that Japan's economy shrank an annualised 3.0% in the third quarter following an expansion in April-June.

For the full tables, go to the MOF website: https://www.mof.go.jp/english/pri/reference/ssc/r3.7-9e.pdf