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.