TOKYO — Japan's economy expanded an annualized 0.2% in August from the previous month, boosted by higher exports to Asia, the Japan Center for Economic Research said on Wednesday.
According to JCER, exports of goods and services increased by 1.1% compared to the previous month. Shipments of goods to China increased by 5.3%, and to the rest of Asia by 2.4%. Shipments to the United States and the European Union have decreased.