Japan’s exports in May grew at their fastest pace since November 2022, rising 17% year on year, beating expectations. The figure was higher than the 16.2% expected by economists polled by Reuters, and up from the 14.8% in April. Japan’s imports rose 12.5% year on year in May, the highest level since January 2025, topping the 12.8% expected in the Reuters poll. Exports remain one of Japan’s main economic drivers, with its economy growing 0.5% sequentially in the first quarter and at 1.8% on an annualized basis. The economic data comes after the Bank of Japan raised its policy rate on Tuesday by 25 basis points to the ... (full story)