Bloomberg's latest survey says the government is likely to lower business investment data to +1.2% from +1.4%
- For the 3 months to December 31
- Also, the survey shows GDP may be revised to -1.5% (initial projection was -1.4%
"Going forward, there are downside risks to Japan's economy," said Yoshiki Shinke, chief economist at Dai-ichi Life Research Institute in Tokyo. "Capital spending wasn't that bad up to the fourth quarter but the turbulence in financial markets may hurt business sentiment and prompt companies to hold off spending."
The data is out next week.
