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Japan's June exports better than estimates

Japan's June exports declined less compared to the initial estimations, an indication that the demand overseas could recover, following last year's persistent weakness.

Japan's policymakers to revive growth

The nation's policymakers are attempting, via infrastructure stimulus spending, to revive growth, after the reform scheme could not bring the desired outcome.

According to Mizuho Securities senior economist, Norio Miyagawa, the exports' deterioration has somehow eased.

Furthermore, Miyagawa highlighted that the economy in the U.S. should support Japan's exports to recover.

Moreover, as per the Japanese government's monthly economic report, even a rebound in domestic demand cannot guarantee that the outlook would strengthen as the business sentiment worsens.

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Monday, 25 Jul, 2016 / 8:59

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/japan-s-june-exports-better-than-estimates

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