FX.co ★ Japan Imports Notch Record High

Japan’s imports surged 25.4% year-on-year to a record JPY 11,335.9 billion, accelerating from May’s 12.5% increase and surpassing market expectations of 21%. This marked the fifth consecutive month of import growth and the strongest expansion since November 2022. The sharp rise in imports was driven by solid domestic demand, bolstered by government stimulus measures scheduled to run through late 2025.