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Japan’s exports rise more than expected in July
Business
- 21 August, 2024
- 08:01
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Japan’s exports rose at a faster-than-expected pace in July thanks to demand for chip-making machines, electronic parts, and cars, Ministry of Finance data showed on August 21, Report informs referring to MarketWatch.
Exports rose 10.3% in July from a year earlier, compared with June’s 5.4% increase and an 8.1% rise forecast by economists polled by data provider FactSet.
With imports rising 16.6%, Japan posted a trade deficit of 621.8 billion yen ($4.28 billion) in July.
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