Japan’s Exports Decline for Sixth Straight Month

Japan’s exports continue to fall as the yen gains on the US dollar, and August’s 15.8% annual rise in exports was well down from a peak in February, when growth rose to 45.3%.

Japanese trade figures show that US-bound exports rose 8.8% from a year earlier, but were much weaker than the 25.9% rise in July. Exports to Asia, which account for more than half of Japan’s total exports, rose 18.6% from August last year, slower than July’s increase of 23.8%.

Source: BBC News

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