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Economy News
 
Japanese Exports Jump Most in Two Years, Led by Sales to China
23-Mar-2017

Japan’s exports rose for a third consecutive month in February as strengthening global demand continued to help the nation’s moderate economic recovery. The increase was the biggest in two years, reflecting the timing of Lunar New Year holidays in Asia.Key Numbers Exports rose 11.3 percent from a year earlier (median estimate 10.1 percent), according to government data.Imports increased 1.2 percent (estimate 1.3 percent).The trade surplus for February was 813.4 billion yen ($7.29 billion), compared with an estimate of 807.2 billion yen.Note: Lunar New Year holidays fell mostly in January this year and February last year, crimping the export result for January and boosting the performance in February.

News Source:- https://www.bloomberg.com/news/articles/2017-03-22/japanese-exports-jump-most-in-two-years-led-by-sales-to-china