US Federal Reserve Meeting Amid Dwindling Hopes of Summer Rate Cuts on Nostr: Japan's Exports Grow at Fastest Rate Since November 2022 Amid Weak Yen and Robust ...

Japan's Exports Grow at Fastest Rate Since November 2022 Amid Weak Yen and Robust External Demand
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#003e8cdb ver:0.6

Japan's exports grew at the fastest rate since November 2022, driven by robust external demand and a weak yen. Shipments to the US rose nearly 24% and exports to China increased by 17.8%. However, trade with Europe mostly fell. The trade deficit decreased by nearly 12% and imports also grew to a five-month peak. Rising prices inflated the value of both exports and imports. The Bank of Japan kept interest rates unchanged and signaled a plan to reduce bond buying. Sentiment among large Japanese manufacturers declined in June. #Japan #exports #economy...

#newstr #Japan #Exports #TradeDeficit #Imports #WeakYen #Us #China #Europe #BankOfJapan #Inflation

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