Japan’s exports rose for the 18th consecutive month in August, driven by robust overseas demand for autos and mineral fuels, Ministry of Finance data showed Thursday.
Exports rose 22.1% in August from a year earlier. That compared with July’s 19% increase and was weaker than the 23.9% increase forecast by economists surveyed by data provider FactSet.
Exports to the U.S. led the growth, increasing 33.8%, mainly due to the strong demand for autos and semiconductor-manufacturing equipment.
Comments