Japan's capital spending rose 3.3 percent year-on-year in the March quarter, signaling second consecutive month of improvement in firms' spending on plant and equipment, data from the Finance Ministry showed Friday.
This follows a 7.6 percent jump in spending in the October-December period and a 9.8 percent drop in the September quarter.
Excluding software, capex rose 3.5 percent on an year-on-year basis. The report is used to calculate the revised GDP figures for the first quarter, which is expected to be published later next week.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.