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Japan's Exports Grow for Fourth Month Led by China Demand [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
(Bloomberg) -- Japan's exports grew for a fourth consecutive month as the weak yen provided a tailwind and demand in China picked up, giving the economy a needed boost as domestic consumption sags. Most Read from Bloomberg Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding US Yields Spike as Hawkish Powell Puts 5% in Play: Markets Wrap China Tells Iran Cooperation Will Last After Attack on Israel What If Fed Rate Hikes Are Actually Sparking US Economic Boom? Powell Signals Rate-Cut Delay After Run of Inflation Surprises Exports gained 7.3% in March from a year earlier, with growth slightly decelerating from February's 7.8% gain, the finance ministry reported Wednesday. Economists had forecast a 7% increase. Imports fell 4.9%, compared with the consensus estimate of a 5.1% decline. Wednesday's data showed that the economy continues to benefit from the effects of the sliding yen, which averaged 149.45 to the dollar in the latest month, 10.7% weaker than 134.97
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