Japan export growth slows, adds to recession concerns


The 4.9% rise in Japan's exports in November 2014 was much weaker than a 7% expected by economists in a Reuters poll, and slowing from a 9.6% gain in October - AFP Photo.

TOKYO: Japan's exports grew for a third straight month in November from a year earlier, but much more slowly than expected and despite a sharp fall in the yen as slowing demand in Asia and Europe dampened trade.

The 4.9% rise in exports was much weaker than a 7% gain seen by economists in a Reuters poll, slowing from a 9.6% gain in October, Ministry of Finance data showed.

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