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Japan's Exports Grow for Seventh Consecutive Month

June sees a 5.4% increase in exports, contributing to a trade surplus as imports rise less than expected.

  • Exports driven by chip-making equipment and nonferrous metals.
  • Trade balance turns to a surplus of ¥224 billion from a previous deficit.
  • Weak yen boosts export value but raises inflation concerns.
  • Exports to the U.S. and China increase, while shipments to the EU decline.
  • Economic recovery hinges on strong exports amid fragile consumer spending.
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