Wednesday, June 19, 2013

Japan exports up at fastest pace in more than 2 years





Japan’s exports rose in May at the fastest annual rate in more than two years, boding well for the economy as a weak yen and a moderate pick-up in global demand add to the nation’s stimulus policies to revive the economy.


The gain in exports will offer solace to Prime Minister Shinzo Abe following recent a sell-off in stocks, volatility in bonds and a spike in the yen, which raised worries about the outlook for his policy mix to beat nearly two decades of deflation.









via Business feed http://www.scmp.com/business/economy/article/1264112/japan-exports-fastest-pace-more-2-years

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