Wednesday, August 22, 2012

Europe slowdown hits Japan exports



Published on Aug 22, 2012 by
http://www.euronews.com/ Japan's exports slumped by the most in six months in July as shipments to Europe and China tumbled.

Economists had expected a fall of 2.9 percent from the same month last year; in fact it was 8.1 percent.

Exports to the struggling European Union plunged by 25.1 percent. That was the biggest such drop since October 2009.
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