boj minutes, 2004-12-17
Many members said that business fixed investment continued to increase recently and the increase was expected to continue, spreading to a wider range of industries and firms of various sizes, given the following: a positive quarter-on-quarter rate of change in private nonresidential investment in the second preliminary estimate of GDP for the July-September quarter; and a further upward revision in business fixed investment plans for fiscal 2004 in the December Tankan.
Sentiment: neutral
Topic: mp_economic_activity