AGL 6.78 Decreased By ▼ -0.12 (-1.74%)
ANL 9.90 Increased By ▲ 0.13 (1.33%)
AVN 76.70 Decreased By ▼ -0.12 (-0.16%)
BOP 5.50 Increased By ▲ 0.01 (0.18%)
CNERGY 5.07 Increased By ▲ 0.02 (0.4%)
EFERT 79.00 Decreased By ▼ -0.83 (-1.04%)
EPCL 56.79 Decreased By ▼ -0.69 (-1.2%)
FCCL 15.36 Increased By ▲ 0.06 (0.39%)
FFL 6.55 Increased By ▲ 0.07 (1.08%)
FLYNG 7.34 No Change ▼ 0.00 (0%)
GGGL 10.70 Decreased By ▼ -0.05 (-0.47%)
GGL 17.10 Increased By ▲ 0.16 (0.94%)
GTECH 8.38 Increased By ▲ 0.08 (0.96%)
HUMNL 6.55 Increased By ▲ 0.10 (1.55%)
KEL 3.07 Increased By ▲ 0.05 (1.66%)
LOTCHEM 29.21 Increased By ▲ 0.06 (0.21%)
MLCF 28.42 Increased By ▲ 0.12 (0.42%)
OGDC 76.02 Decreased By ▼ -0.51 (-0.67%)
PAEL 15.84 Decreased By ▼ -0.03 (-0.19%)
PIBTL 5.41 Decreased By ▼ -0.02 (-0.37%)
PRL 17.89 Increased By ▲ 0.20 (1.13%)
SILK 1.09 Increased By ▲ 0.01 (0.93%)
TELE 10.76 Decreased By ▼ -0.06 (-0.55%)
TPL 8.69 Increased By ▲ 0.09 (1.05%)
TPLP 22.25 Increased By ▲ 1.06 (5%)
TREET 23.95 Increased By ▲ 0.15 (0.63%)
TRG 126.50 Decreased By ▼ -1.00 (-0.78%)
UNITY 22.95 Decreased By ▼ -0.15 (-0.65%)
WAVES 11.67 Increased By ▲ 0.04 (0.34%)
WTL 1.15 Increased By ▲ 0.01 (0.88%)
BR100 4,172 Decreased By -1.4 (-0.03%)
BR30 15,748 Decreased By -58.2 (-0.37%)
KSE100 41,562 Increased By 44.1 (0.11%)
KSE30 15,570 Increased By 8.1 (0.05%)
Follow us

TOKYO: Japan's exports jumped in June led by US demand for cars and China-bound shipments of chip-making equipment, supporting hopes for an export-led recovery in the world's third-largest economy. Exports rose 48.6% in June from a year earlier, the fourth straight month of double-digit gains, although growth was largely exaggerated by a COVID-led plunge last year. Export growth has remained strong even as a global chip shortage weighs on Japan's car output and shipments.

With consumer spending weakening due to renewed coronavirus curbs in Tokyo, policymakers are counting on external demand to pick up the slack. In an encouraging sign for a trade-dependent economy, exports grew 23.2% in the first half of this year, up for the first time in five periods and exceeding pre-pandemic levels seen in the first half of 2019. It was the fastest growth since the first half of 2010.

Comments

Comments are closed.