Japan's exports and imports grow at fastest pace in June since November 2022
Exports rose 19.3% and imports 25.4% year-on-year, both beating expectations.
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Japan's exports grew 19.3% year-on-year in June, while imports rose 25.4%, marking the fastest pace for both since November 2022.
Export growth in June, the fastest since November 2022.
Import growth in June, the fastest since November 2022.
The growth in both exports and imports exceeded forecasts, according to reports.
Updates
The surge in export growth for June is being attributed to a combination of a weaker yen and strong demand for artificial intelligence-related products.
Economics Correspondent · Talivio News
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