Japan’s September Exports Rise 11.5%

Disappointing Japanese export numbers for September show that continued weakness in the yen is failing to give exporters the boost they need, say analysts.

Japan’s exports rose a healthy 11.5 percent in September from a year earlier, but the figure was well below expectations for a 15.6 percent rise and slower than the 14.6 percent growth in August, data on Monday showed.

According to Ministry of Finance data, imports rose 16.5 percent in September, versus analysts’ expectations in a Reuters poll for a 20 percent increase.

CNBC

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.