Cars drive up Japan exports

City A.M. Reporter
JAPAN’S exports surged to their largest annual increase in three years last month, as car shipments jumped.

Exports were up 18.6 per cent in October compared to a year earlier, government data showed yesterday.

Significantly, exports also rebounded in volume terms, rising 4.4 per cent from a year earlier, in a sign the global economy is gradually recovering mainly on strength in advanced nations.