Bloomberg
Published Mar 18, 2018 21:03
Updated Mar 19, 2018 00:45
Japan's Exports Expand for 15th Month Despite Holidays in Asia
(Bloomberg) -- Japan’s trade balance returned to surplus in February, with strength in the global economy supporting export growth even as lunar new year holidays caused a drop in sales to China.
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Key Takeaways
The continued growth in exports suggest the global recovery remains firm, and sales to China should bounce back after the decline caused by the holidays. Yet a stronger yen poses some risks to the Japanese economy by making exports less competitive and weighing on inflation by reducing the price of imports. The chances of a trade war breaking out due to U.S. President Donald Trump’s tariffs is another potential source of downside for Japan.
Economist Takeaways
Other Details
(Updates with comments from economist.)
Written By: Bloomberg
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