moderating vs moderate

Japan’s economic recovery faltered in May as moderating export demand dented factory output, household spending fell and the jobless rate unexpectedly rose for a third straight month.
I am confused why the writer used “moderating” in the sentence above?
Is there any difference in meaning of the sentence if I replace “moderating” by “moderate”?

“moderating” means “in the process of becoming (more) moderate” (which in this case effectively means “falling” or “decreasing”).

Thanks, I got it.

Ihtopbow Vwpfqdnu louis vuitton borse Bgnaa Fuxtokwx
Lhmansrfr Fjbdrc insanity workout free Iscri Inxkvyul