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Japan raises view on capex after surprise upward GDP revision
Published Mon, Jun 15, 2015 · 09:50 PM
Tokyo
JAPAN'S government raised its assessment of capital expenditure for the first time in six months in June after data showed an unexpectedly strong pick-up in business investment at the start of the year.
Capital expenditure has shown signs of recovery recently, the Cabinet Office said in its monthly economic report, which was an upgrade from last month's assessment that capital expenditure was flat.
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