Japan raises investment outlook for the first time in six months

FXStreet (Mumbai) - The Japanese government, in its latest economic assessment, raised its outlook for investment by stating that “Capex is showing signs of recovery” from “Capex is flat”.

As per the report, “Growth is spreading to small firms as corporate earnings feed into higher wages, higher capital expenditure and a tighter labour market.” The report also said the economy is on a gradual recovery phase.