Iwata says Japan’s exports headed for a ‘moderate increase’
Deputy governor attributes ‘weakness’ to cyclical factors
Kikuo Iwata, the deputy governor of the Bank of Japan (BoJ), believes exports are "a potential concern" for the economic outlook, but remains confident the "cyclical factors" contributing to their weakness will "gradually disappear".
In a speech at a meeting with business leaders today (September 10) in Ishikawa, the deputy governor noted the weakness in exports is due essentially to "the sluggishness in emerging economies". Adding to this is the "unexpectedly large slowdown of the US economy in
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