Total exports in September dropped 1.7% from a year earlier, Finance Ministry data showed. — Reuters
TOKYO: Japan’s exports fell for the first time in 10 months in September, presenting a worry for policymakers as any prolonged weakness in global demand may complicate the central bank’s path to exit years of ultra-easy monetary policy.
Soft demand in China and slowing US growth weighed on exports, while the yen’s recent rebound, in part due to the Bank of Japan’s (BoJ) unexpected rate hike in late July, helped further push down their value.
