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Japanese exports fall by 0.3%, first time in over 2 years
02:44
Asia Pacific
Japanese exports fall by 0.3%, first time in over 2 years
Japan's exports have fallen by 0.3% in July - the first time in over 2 years. The slump was due to slowing global demand for Japanese exports. Imports also fell by 13.5% indicating sluggish consumer demand. These figures come in light of Japan's unexpected 6% GDP growth in the second quarter of this year, but is this growth sustainable with Japan's current economic climate? Emre Boz reports.
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