FILE PHOTO: An employee wearing a protective face mask and face guard works on the automobile assembly line as the maker ramps up car production with new security and health measures as a step to resume full operations, during the outbreak of the coronavirus disease , at Kawasaki factory of Mitsubishi Fuso Truck and Bus Corp., owned by Germany-based Daimler AG, in Kawasaki, south of Tokyo, Japan May 18, 2020.
Ministry of Finance data out Tuesday showed Japanese firms’ capital expenditure fell 10.6% in July-September from the same period in the year before, following a decline of 11.3% in the previous quarter. The data will be used to calculate revised gross domestic product figures due at 8:50 a.m. Dec. 8 and follows a preliminary estimate that Japan’s economy expanded 21.4% annualised in the third quarter.
Tuesday’s data also showed ordinary profits at Japanese firms fell 28.4% in July-September from the same period a year before, after nearly halving in the April-June quarter year-on-year. It was the sixth straight quarter of declines.
anti-Marxismlist! On my opinion, the human society is running on these: 1 technology define theoretical economic aggregate 2 labour define gross economy 3 finance system define distribution of wealth from gross economy
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