You are here

Japan exports grow but manufacturers' mood sours as rising yen clouds outlook

A strong currency eats into Japanese manufacturers' profits, affects investments

BP_JAPexp_200218_19.jpg
Buoyant sales of cars and electronics led Japan's exports to a 14th straight month of growth in January but manufacturers' business confidence slid, highlighting fears of the rising yen disrupting an export-led recovery.

Tokyo

BUOYANT sales of cars and electronics led Japan's exports to a 14th straight month of growth in January but manufacturers' business confidence slid, highlighting fears of the rising yen disrupting an export-led recovery.

The trade data came on the heels of the Reuters Tankan...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes