- NEWS Desk Global
JAPAN EXPORTS HIT RECORD LEVEL, FIRST RISE IN THREE MONTHS
Japan's exports hit a record level in September, climbing for the first time in three months as automakers revved up shipments to the U.S. and Europe, unshackled from a global chip shortage that had held them back a year earlier. Export growth was 4.3%, outperforming economists' expectations of a 3.1% increase and a 0.8% fall in August. The value of shipments clocked in at 9.2 trillion yen ($61 billion), a 2% increase over the previous record logged in October last year.
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