TOKYO  – Japan's annual exports grew much-less than expected in June, highlighting weak global demand that continues to undercut the post-COVID recovery in the world's third-biggest economy. The risk of a world recession amid sweeping monetary policy tightening since last year has cast a pall over export-led economies, with many countries including Japan relying on domestic consumption to underpin growth. The trade data, released by the Ministry of Finance (MOF) on Thursday, showed exports rose 1.

https://business.inquirer.net/411147/japan-june-exports-underwhelm-global-weakness-drags-on-economy

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