English Story

日本出口连续六个月呈缓慢趋势

Japan's export growth slowed for a sixth straight month in August, in a sign that the recovery is losing steam.

八月份日本出口增长继续保持六个月以来的缓慢趋势,经济恢复已失去动力。

Japan\s flagging export growth is compounded by a growing dispute with China
Japan\s flagging export growth is compounded by a growing dispute with China

August's 15.8% annual rise in exports was well down from a peak in February, when growth rose to 45.3%.

The August slowdown came as the yen approached a 15-year high against the dollar, and led to Japan's central bank intervening(介入) to weaken the currency.

Japan is also worried that a deepening territorial(领土的,区域的) row with its biggest export partner, China, will also hurt growth.

The Japanese trade figures show that US-bound exports rose 8.8% from a year earlier, but were much weaker than the 25.9% rise in July.

Exports to Asia, which account for more than half of Japan's total exports, rose 18.6% from August last year, slower than July's increase of 23.8%.

Exports to China were up 18.5% in August from a year earlier, down from a 22.7% annual increase in July.

Japan's fragile recovery continues to worry analysts. "We still face the risk of a double-dip recession," said Takahide Kiuchi, chief economist at Nomura Securities in Tokyo.

Japan's export-led recovery has been constrained(驱使,强迫) by the strong yen, which makes goods sold abroad more expensive and reduces the value of profits repatriated.