Japan Exports Fall Less Than Forecast With Recovery Weak
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Japan’s exports declined less than forecast while a drop in imports underscored the challenge to Prime Minister Shinzo Abe in stoking domestic demand.
Overseas shipments fell 1.3 percent in August from a year earlier, the finance ministry said in Tokyo today, compared with the median estimate for a 2.6 percent reduction in a Bloomberg News survey of 25 economists. Imports were 1.5 percent lower, leaving a deficit of 948.5 billion yen ($8.7 billion).