Japan’s fastest export growth in a year boosts outlook
World BusinessApr 19, 2012
Japan reported the fastest export growth in a year and a smaller-than-expected trade deficit, boosting prospects that the recovery in the world’s third- biggest economy will be sustained. Outbound shipments rose 5.9 percent in March from a year earlier, exceeding the median estimate in a Bloomberg News survey for a gain of 0.2 percent. The deficit was 82.6 billion yen ($1 billion), less than the median forecast for a 223.2 billion yen shortfall. Comparisons are distorted by the earthquake in Mar