Mumbai, March 4 -- Japan's capital spending declined by 0.2% year-on-year in Q4 2024, marking the first fall since Q1 2021 after an 8.1% surge in Q3. The drop was led by weak manufacturing investment, with sharp declines in fabricated metal products down 32.7% and electronic equipment down 20.3%. Chemical products and production machinery also saw reduced spending. Non-manufacturing sectors slipped 0.8%, pressured by declines in construction, wholesale and retail trade, real estate, and information services. The data highlights growing caution among businesses amid economic uncertainties.
Published by HT Digital Content Services with permission from Capital Market....