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15-12-2021, 10:00 AM
15 Dec 2021 08:44AM
(Updated: 15 Dec 2021 09:22AM)
TOKYO: The Japanese government overstated construction orders data received from the industry for years, which may have had the effect of inflating the country's economic growth figures, the Asahi newspaper reported on Wednesday (Dec 15).
Citing multiple sources at the Ministry of Land, Infrastructure, Transport and Tourism, the paper said the ministry had been "rewriting" data received monthly from about 12,000 select companies since 2013 at a pace of about 10,000 entries per year.
https://www.channelnewsasia.com/business...rs-2380236
(Updated: 15 Dec 2021 09:22AM)
TOKYO: The Japanese government overstated construction orders data received from the industry for years, which may have had the effect of inflating the country's economic growth figures, the Asahi newspaper reported on Wednesday (Dec 15).
Citing multiple sources at the Ministry of Land, Infrastructure, Transport and Tourism, the paper said the ministry had been "rewriting" data received monthly from about 12,000 select companies since 2013 at a pace of about 10,000 entries per year.
https://www.channelnewsasia.com/business...rs-2380236
