Japan’s July exports value reaches record amid yen weakness

Japan’s exports surged 10.3% yoy in July, reaching JPY 9,619B—a record high for the month. The growth of export value was was largely driven by the weaker yen, which marked a -12.3% depreciation from a year ago. On volume basis, exports actually declined by -5.2% yoy. Regionally, Japan’s exports to the US grew by 7.3%, […]

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