Japan’s Third-Quarter Capex Jumps as Merchants Boost Investment Pre-Sales Tax Hike
TOKYO (Reuters) – Japanese firms boosted capital spending in the September quarter, as retailers and wholesalers raised investment ahead of a long-awaited sales tax hike in October and factories maintained their automation push. Official data on Monday showed capital spending rose 7.1% in the third quarter from the same period a year earlier …
News story posted on 2019-12-02T03:50:00.0000000Z
