Japan exports post huge miss in September as growth slows to 16.7%

Japan's exports in September grew by 16.7% year-on-year, falling short of the 20.1% forecast by analysts. This marks the second consecutive month of slowdown following a four-year high in July, with significant contributions from semiconductor exports, which increased by 49.4%. Meanwhile, imports rose 18.9%, also below expectations, driven by a 51.1% increase in petroleum imports, especially from the U.S.