Financial Times FT.com

Japanese exports boost growth hopes

By Justine Lau in Hong Kong

Published: November 25 2009 03:31 | Last updated: November 25 2009 03:31

Strong demand from China and other Asian economies helped Japanese exports, which last month fell at their slowest rate for a year, boosting hopes that the economy will continue to report healthy growth.

In October, exports fell 23.2 per cent from a year earlier, compared with a 30.6 per cent decline in September, according to data released by the Ministry of Finance on Wednesday. The figure represented the smallest drop since October 2008, when exports fell 7.9 per cent.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this