Japan trade balance -¥234.6B vs +¥22.2B expected

Forex Short News
  • Prior was -¥242.B
  • Exports +4.2% y/y vs +4.6% expected
  • Imports +3.3% y/y vs +0.6% expected

There was a surprise rise in imports that kept Japan in a trade deficit.

  • Exports to USA -13.3% y/y
  • Exports to Asia +9.2% y/y
  • Exports to EU +5% y/y
  • Exports to China +5.8% y/y

This article was written by Adam Button at investinglive.com.