Japan’s exports extended double-digit gains in August, led by strong shipments of chip manufacturing equipment, although the pace of growth weakened as COVID-19 hit key Asian supply chains and slowed factory production.
The trade growth is unlikely to dispel worries about bodog online casino the outlook for Japan’s economy, which has not yet recovered to pre-pandemic levels after taking an enormous hit from a collapse in global trade in the first quarter of 2020.
Exports rose 26.2% in August compared with the same month a year earlier, the Ministry of Finance said on Thursday, marking the sixth straight month bodog online casino of double-digit growth as strong demand for chip-making equipment offset slowing U.S and European Union-bound shipments of cars.
However, the growth was slower than the 34.0% expected by economists in a Reuters poll and the 37.0% advance in the previous month.
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