This is an important reason for the recovery in business fixed investment. The Bank’s corporate survey Tankan shows that nominal capital spending by large manufacturers will increase by more than 7% for fiscal 2004 after a 9% increase for fiscal 2003. Third and the most important factor behind the good economic outlook is progress in the structural adjustments.
Benoît Cœuré: Interview in Le Journal du Dimanche Interview with Mr Benoît Cœuré, Member of the Executive Board of the European Central Bank, in Le Journal du Dimanche, conducted by Ms Bruna Basini on 27 October, and published on 29 October 2017.