HomeTop StoriesJapan exports post huge miss in September as growth slows to 16.7%

Japan exports post huge miss in September as growth slows to 16.7%

IBARAKI, JAPAN – JUNE 17: Technicians at work in the clean room of the Fab Equipment at a semiconductor company, Renesas Technology Corp. on June 17, 2004 in Ibaraki, Japan. Renesas is the first company to produce semiconductor products from 300mm wafer in the world. (Photo by Koichi Kamoshida/Getty Images)

Koichi Kamoshida | Getty Images Entertainment | Getty Images

Japan’s exports in September rose 16.7% from a year earlier, missing market expectations by a huge margin.

Reuters-polled analysts had pegged exports growth at 20.1%.

This is the second straight month that shipments from Japan have recorded a slowdown, after hitting a nearly four-year high in July.

Japan’s imports grew 18.9%, also missing expectations of 19.6% from Reuters.

— This is breaking news, please check back for updates.

Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments