Japan exports disappoint, full benefits of weak yen yet to show

Japan’s exports rose less than expected in April from a year earlier due to weak demand from Europe and China, highlighting the challenges confronting the world’s third-biggest economy as policymakers try to engineer a sustained revival.

The 3.8 per cent annual increase in exports in April was below the median estimate for a 5.9 per cent rise and followed a 1.1 per cent increase in the year to March.

The result also underscores the limitations of a weak yen in bolstering the trade sector, especially as external headwinds crimp demand for exports.

via Business feed http://www.scmp.com/business/economy/article/1243342/japan-exports-disappoint-full-benefits-weak-yen-yet-show