Japan’s exports accelerated to 23.2% y/y in July, beating 19.9% consensus and marking fastest growth since October 2022, as semiconductor-related demand continued to power overseas shipments. Electrical machinery exports rose 29.4%, while semiconductor-related shipments jumped 49.1% in value. Machinery exports increased 18.4%, including 40.9% growth in semiconductor manufacturing equipment, while motor vehicle exports climbed 19.5%. […]The post Japan Exports Surge 23.2%, but Weak Yen and Oil Shock Distort the Headline appeared first on ActionForex.