“Japanese companies’ capital spending jumped by the most in almost five years in the fourth quarter, adding to signs that the world’s third-biggest economy is set to return to growth.
Capital spending excluding software rose 4.9 percent from a year earlier, after declining 11 percent in the previous quarter, the Finance Ministry said today in Tokyo. The first gain in three quarters compared with a median estimate of a 7.4 percent decline in a Bloomberg News survey of six economists….”
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