Japan’s exports fall most since 2021 amid global slowdown

Quick Summary:

Japan’s exports declined in September by the most since February 2021, sapping momentum from the country’s economic recovery as global demand weakened.

Shipments to China sank 7.3 percent, reversing gains of 5.2 percent the month before, while those to the US and Europe fell 2.4 percent and 9 percent, respectively.

In last month’s policy statement, the central bank noted that overseas economies have generally experienced moderate growth.

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Article Details

Author / Journalist: Erica Yokoyama /  Bloomberg News

Category: BusinessStartups

Markets: PhilippinesChinaItalyJapan

Topics: Growth Global Last Percent Year Month Trade Japan’s Exports Bank Economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 11:51:48 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 588 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23103005

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