Japanese export slump may be easing
Source: Agencies |
October 23, 2009, Friday
|
Print Edition
Print Edition
JAPAN'S exports fell by the smallest margin in 10 months in September, showing the slump in its economy may be easing.
Exports were down 30.7 percent in September from a year earlier, the 12th straight month of declines, but the lowest decrease since November of last year, the Ministry of Finance said yesterday. Exports totaled 5.1 trillion yen (US$56 billion). Automotive exports, which make up nearly a fourth of Japan's exports, were down 35.2 percent.
Imports, meanwhile, fell 36.9 percent to 4.6 trillion yen, the smallest drop fall in five months.
Japan's stagnant economy has caused consumers to cut back in spending as unemployment increases, and imports have now fallen for 11 straight months.
Exports to China were down 13.8 percent to 982 billion yen, a smaller decrease than the 27.6 percent fall recorded in August.
Exports were down 30.7 percent in September from a year earlier, the 12th straight month of declines, but the lowest decrease since November of last year, the Ministry of Finance said yesterday. Exports totaled 5.1 trillion yen (US$56 billion). Automotive exports, which make up nearly a fourth of Japan's exports, were down 35.2 percent.
Imports, meanwhile, fell 36.9 percent to 4.6 trillion yen, the smallest drop fall in five months.
Japan's stagnant economy has caused consumers to cut back in spending as unemployment increases, and imports have now fallen for 11 straight months.
Exports to China were down 13.8 percent to 982 billion yen, a smaller decrease than the 27.6 percent fall recorded in August.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
