Japan's July exports rise 7.6% year on year: MOF

Japan's exports rose 7.6 per cent in July from a year earlier, Ministry of Finance data showed on Wednesday, in a sign overseas demand is holding steady. 

PHOTO: AFP

AUG 19, 20158:11 AM

[TOKYO] Japan's exports rose 7.6 per cent in July from a year earlier, Ministry of Finance data showed on Wednesday, in a sign overseas demand is holding steady.

The rise was more than the 5.5 per cent annual increase expected by economists in a Reuters poll. It followed a 9.5 per cent year-on-year rise in June.

Imports fell 3.2 per cent year-on-year in July versus the median estimate for a 7.9 per cent annual decrease.

AFP