Japan exports rise almost 12% in January, boosted by automobiles, chip-making gear

Japan’s exports elevated in January because of increased demand for automobiles and semiconductor-manufacturing gear, knowledge from the Ministry of Finance confirmed Wednesday.

Exports rose 11.9% from a yr earlier in January, in contrast with a 9.7% improve in December. The outcome was increased than a 9.4% rise anticipated by economists polled by knowledge supplier FactSet.

Exports to China grew 29.2%, led by shipments of chip-making machines and automobiles. Exports to the U.S. rose 15.6% on shipments of prescription drugs, autos and auto elements.

Source web site: www.marketwatch.com

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