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Japan’s June Export Growth Points to Sustained Economy Recovery

July 20, 2017

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Japan’s exports rose for a seventh straight month in June led by shipments of cars and electronics, an indication external demand continues to support a gradual economic recovery and backing the central bank’s upbeat economic view.

Ministry of Finance data showed on Thursday that exports grew 9.7 percent year-on-year in June, versus a 9.5 percent annual gain expected by economists in a Reuters poll. It followed a 14.9 percent year-on-year rise in the previous month.

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