Japan's Exports Surge, Boosting Central Bank Rate Hikes
Update: 2025-12-17
Description
Japans exports surged in November, marking the third consecutive month of growth, with a notable rebound in shipments to the U.S. Exports increased by 6.1% year-on-year, exceeding predictions and following a 3.6% gain in October. This strong performance, along with a trade surplus of 322.3 billion yen, fuels expectations of further interest rate hikes by Japans central bank. Despite a slight decrease in exports to China, the weaker yen and lower tariffs helped Japanese exporters absorb higher costs from U.S. tariffs. Major Japanese manufacturers also reported a four-year high in business sentiment, setting the stage for potential rate hikes.
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