![122023 – Japan’s exports fall for first time in three mos](https://firstmetro.com.ph/wp-content/uploads/2023/12/122023-Japans-exports-fall-for-first-time-in-three-mos.jpg)
- Japan’s exports in November fell for the first time in three months dragged down by China-bound chip shipments, underscoring worries that slowing overseas economies will complicate policymakers’ efforts to wind back on stimulus.
- November exports fell 0.2% from the same month a year earlier, Ministry of Finance data showed on Wednesday. It was the first year-on-year decline in three months.
- China-bound exports fell again in November, down for the 12th month in a row.
- Imports fell 11.9% in the year to November, versus the median estimate for an 8.6% decrease, bringing the trade balance to a deficit of 776.9 billion yen. It was a second straight month of shortfall.
https://www.reuters.com/markets/asia/japan-nov-exports-fall-02-yearyear-mof-2023-12-20/