The Japanese government reported economic growth of 1.7% in GDP for 1Q16, including a 0.2 percentage point boost from exports. While this beat Bloomberg estimates, it included the extra day for the leap year, which adds 1.12% to all figures. Panjiva data for April suggests that shipments to the U.S. may have fallen by as … Continue reading “Exports help Japanese Growth Beat Expectations, Imports a Drag”