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Drop in Auto Shipments Leads Slowdown of Japan's Export Growth

Japan's September exports plunged due to supply chain pressures, with the growth of overseas shipments dropping 3.9% from August, the Ministry of Finance said. Japan saw its starkest drop in auto exports, essentially wiping out the gains seen from shipments…

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of steel and chip components. Exports rose 13% from September 2020, the report said.