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In October, Japan's export surge was steady, hinting that brisk global demand for Japanese cars as well as electronics will probably carry its economic revival into the current quarter.
On Monday, Ministry of Finance data revealed that in October exports inched up 14% year-on-year, led by shipments of vehicles to Australia and also liquid-crystal device production equipment along with raw materials for plastics to China.
It compares with a 15.8% annual revenue expected by market experts following a 14.1% soar in September.
The trade figures followed data, which showed the previous week that Japan's economy extended at an annualized rate of about 1.4% during the third quarter, powered by firm external demand.
Market experts expect exports to keep driving surge in October-December because China will most likely stay away from a steep slowdown due to infrastructure investment, and also due to the fact progress on tax cuts improved prospects for the US.
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Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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