News

Dow Jones Newswires: Japan’s exports notched 14th straight month of growth in April

0

Japan’s exports increased for the 14th consecutive month in April, driven by robust overseas demand for steel and mineral fuels, Ministry of Finance data showed Thursday.

Exports rose 12.5% from a year earlier in April. That compared with March’s 14.7% increase and was weaker than the 13.9% increase expected by economists surveyed by data provider FactSet.

Exports to Europe and the U.S. led the growth, increasing by 19.1% and 17.6% respectively, mainly due to the strong demand for steel, auto and semiconductor manufacturing equipment.

Japan posted a 5.9% drop in exports to China.

Earnings Results: ‘We did not have a plan for a country to shut down’ — Cisco stock plunges 13% as China lockdown affects supply and outlook

Previous article

Key Words: Cathie Wood has a simple response to Tesla getting booted out of an S&P 500 ESG index: ‘Ridiculous’

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in News