Strong demand from China and other Asian economies helped Japanese exports, which last month fell at their slowest rate for a year, boosting hopes that the economy will continue to report healthy growth.
In October, exports fell 23.2 per cent from a year earlier, compared with a 30.6 per cent decline in September, according to data released by the Ministry of Finance on Wednesday. The figure represented the smallest drop since October 2008, when exports fell 7.9 per cent.
On a seasonally adjusted basis, the value of shipments rose for the third straight month by 2.5 per cent from September.
Wednesday, November 25, 2009
Japanese exports boost growth hopes
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