Japanese economy expands more than expected

Note: This section contains information in English only.
Source: Reuters
Japanese GDP increased by 3.9% in the first quarter and the economy grew more than the expected at 2.7%, as companies raised capital investment. Capex rose 2.7%, compared to the previous quarter, strongly beating an estimate of 0.4%. As capital spending is key for economic recovery, the BoJ's stimulus policies seem to be successful.

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