Japan exports boost hopes for economic recovery

Source: Reuters
Japan's exports soared 12.9% in December, the most on the yearly basis, due to the weak Yen and strong US Dollar, as well as strong Chinese demand. A stable increase in exports could help the Prime Minister Shinzo Abe revive the stagnant economy, which was in recession after a sales tax raise. However, imports added only 1.9% on the year in December, against a 2.3% gain expected.

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