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Japanese exports fall 2.2% in March due to tsunami

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Viva_La_Revolution Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-11 10:07 PM
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Japanese exports fall 2.2% in March due to tsunami
Source: BBC

Japanese exports fell by more than expected in March, as damage from last month's earthquake and tsunami affected shipments.

Exports declined 2.2% from a year earlier, the Finance Ministry said. Many analysts were expecting a drop of about 1.5%.

One of the main factors was car exports which tumbled 28% from a year earlier.

The earthquake and tsunami on 11 March has damaged factories and disrupted the supply chain.

Read more: http://www.bbc.co.uk/news/business-13138965?utm_source=twitterfeed&utm_medium=twitter
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