Japan exports in May grow at fastest pace in more than three years, beating estimates | Metals Mine

  • Japan exports in May grow at fastest pace in more than three years, beating estimates

    From cnbc.com

    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 ... (full story)

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