Japan capex data for Q1: +4.5% y/y (expected +4.0%)

Capital expenditure in Japan during the March quarter of 2017; data from the Ministry of Finance

January - March corporate capital spending +4.5 % y/y

• expected +4.0%, prior was +3.8%
  

Capex excluding software +5.2% y/y

• expected +4.1%, prior was +3.3%
  

Japanese firms" Q1 recurring profits +26.6% y/y

• prior was +16.9%

Firms" Q1 sales +5.6% y/y

• prior +2.0%

more to come

Japan capex data for Q1: +4.5% y/y (expected +4.0%)
Japan capex data for Q1: +4.5% y/y (expected +4.0%)
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