Zhitong Finance learned that Japan's exports fell for the first time in 10 months in September, weakening the country's economic recovery momentum at a time when global demand was weakening. Japan's Ministry of Finance announced on Thursday that exports fell 1.7% from the same period last year, with exports of automobiles, fossil fuels, and construction machinery falling most significantly. They experienced negative growth for the first time since November last year, and economists forecast 0.9% growth. Imports increased by 2.1%, higher than the 2.8% increase expected, while the trade deficit narrowed to 294.3 billion yen ($2 billion), which is expected to be 237.6 billion yen.

Zhitongcaijing · 10/17 01:33
Zhitong Finance learned that Japan's exports fell for the first time in 10 months in September, weakening the country's economic recovery momentum at a time when global demand was weakening. Japan's Ministry of Finance announced on Thursday that exports fell 1.7% from the same period last year, with exports of automobiles, fossil fuels, and construction machinery falling most significantly. They experienced negative growth for the first time since November last year, and economists forecast 0.9% growth. Imports increased by 2.1%, higher than the 2.8% increase expected, while the trade deficit narrowed to 294.3 billion yen ($2 billion), which is expected to be 237.6 billion yen.