Japan Export Growth Accelerates on Stronger Asia Demand: Economy
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Japanese export growth accelerated to the fastest pace in more than a year in January, with stronger demand from Asia and the U.S. supporting a recovery in the world’s third-biggest economy.
The value of overseas shipments jumped 17 percent from a year earlier, the finance ministry said Thursday, exceeding a median 13.5 percent forecast. Imports fell 9 percent, reducing the trade deficit to 1.2 trillion yen ($9.9 billion) from a record shortfall of 2.8 trillion yen in January last year.