Wednesday, March 17, 2010

Japan's January exports soar at fastest pace for 30 years

Japanese exports grew at the fastest pace for 30 years in January, supporting recovery as the world's second largest economy battles deflation and weak domestic demand.

Posting a surprise trade surplus, Japan said exports soared at their fastest pace since February 1980 at 40.9 percent to 4.90 trillion yen, backed by a rebound in demand from the rest of Asia as well as from developed countries.



http://news.yahoo.com/s/afp/20100224/bs_afp/japaneconomy_20100224063801

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