Japan's Exports Rise Faster Than Expected

  • Japan
  • 18 December 2024
1

Japan's exports rose faster than expected in November, supported by a weaker yen and strong global demand.

Total exports rose 3.8 percent year-on-year in November, above the median market expectation of a 2.8 percent increase after a 3.1 percent rise in October. Imports fell 3.8 percent in November from a year earlier, a significant drop from market expectations of a 1 percent increase.

As a result, Japan posted a trade deficit of 117.6 billion yen ($766.17 million) in November, lower than the projected deficit of 688.9 billion yen.

Source (Al-Arabiya.net Website, Edited)

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