Economics
Japan Exports Rise Less Than Forecast, Headwind to Recovery
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Japan’s exports rose at the slowest pace in May since a decline in August last year, sapping a recovery in the world’s third-biggest economy.
The value of overseas shipments climbed 2.4 percent from a year earlier, the Ministry of Finance said on Wednesday, below an estimated 3 percent gain. The volume of exports fell for the first time since February, down 3.8 percent.