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Japan exports post huge miss in September as growth slows to 16.7%
Exports rose for a 13th straight month as strong semiconductor demand offset weakness in other sectors, but growth still missed analysts’ forecasts.
- On Wednesday, the Ministry of Finance reported that Japan's exports rose 16.7% in September, down from the 19.3% increase recorded in the previous month.
- September's merchandise trade deficit reached 536.6 billion yen, missing forecasts of 181.0 billion yen and improving from the 1,111.9 billion yen deficit in August.
- Imports climbed 18.9% to 11.508 trillion yen, falling short of the 19.6% forecast, as growth cooled from the 28.0% surge recorded a month earlier.
- Reuters-Polled analysts had pegged export growth at 20.1%, marking a substantial deviation from the actual 16.7% result reported by officials.
- Ministry data shows cooling momentum in the export sector compared to previous figures, as observers evaluate whether this slowdown signals a sustained trend in trade.
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13 Articles
Japan exports post huge miss in September as growth slows to 16.7%
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Coverage Details
Total News Sources13
Leaning Left2Leaning Right1Center8Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
L 18%
C 73%
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