Global Economic News

Japan Capex Falls Unexpectedly; Jobless Rate Steady At 2.5%

Capital investment of Japanese companies declined unexpectedly in the fourth quarter and the jobless rate remained unchanged in January, official data revealed Tuesday.

Investment in plant and machinery dropped 0.2 percent, in contrast to the sharp 8.1 percent increase in the third quarter, the Ministry of Finance reported.

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by Renju Jaya

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