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Japan exports slightly rise for eighth consecutive month
[21/08/2024 01:59]
TOKYO-SABA
Japan exports rose slightly slower than expected in July, raising doubts about the prospects for an economy that is just beginning to recover at a rapid pace, official data showed.
Finance Ministry data indicated that Japanese 's exports rose 10.3 percent year-on-year in July, for the eighth consecutive month, below the median market expectation of an 11.4 percent increase. Sales increased due to a weaker yen compared to a 5.4 percent rise in June.
Overall cargo volumes fell 5.2 percent last month compared to the same period last year, the sixth consecutive monthly decline.
Japan exports rose slightly slower than expected in July, raising doubts about the prospects for an economy that is just beginning to recover at a rapid pace, official data showed.
Finance Ministry data indicated that Japanese 's exports rose 10.3 percent year-on-year in July, for the eighth consecutive month, below the median market expectation of an 11.4 percent increase. Sales increased due to a weaker yen compared to a 5.4 percent rise in June.
Overall cargo volumes fell 5.2 percent last month compared to the same period last year, the sixth consecutive monthly decline.
Key words:
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