Japan’s Exports Rise for Third Straight Month Led by Autos

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(Bloomberg) -- Japan’s exports grew for a third consecutive month on the back of robust shipments of vehicles, offering support for the economy as domestic...

-- Japan’s exports grew for a third consecutive month on the back of robust shipments of vehicles, offering support for the economy as domestic demand remains patchy.Fed to Give Fresh Clues on Path of Interest-Rate Cuts

By region, shipments to the US increased 18%, while those to Europe advanced 15% and China saw a 2.5% increase, even as the lunar new year holidays reduced the number of February working days in 2024. The economy is projected to record another small expansion in the current quarter, although a minority of economists surveyed by Bloomberg expects the economy will fall into contraction.In conducting its first rate hike since 2007 on Tuesday, the Bank of Japan said the economy was recovering moderately with some weakness, adding that the pace of the recovery had slowed overseas.

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