Reported 8 months ago
Japan's exports grew by 13.5% in May, the highest increase since 2022, benefiting from a weak yen which strengthened their value. This growth is particularly positive for the manufacturing sector as it marks a sixth consecutive month of gains. The country's exports to the US saw a significant increase, while those to China also rose. However, concerns regarding a potential resurgence in cost-push inflation due to the sustained weakness of the yen have also been raised.
Source: YAHOO