Japan data – Q1 Business capex +11% y/y (+5.5% expected) | Forexlive

Japan’s Ministry of Finance with the data for the January to March quarter:

Corporate capital expenditure rose 2.3% q/q and 11% y/y, the Q4 2022 y/y up 7.7%

• up 5.5% was expected for the y/y

Sales +5% y/y

• expected +2.3%, prior +6.1%

Recurring profits +4.3% y/y

• expected +0.9%, prior -2.8%

USD/ JPY has dribbled a little lower in Tokyo morning trade and so far sound some support at the 139 figure round number: