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Japan Exports YY -2.6% vs -2.1% expected

  • Japan’s July exports fell 2.6% year-on-year (poll: -2.1%).

  • Imports fell 7.5% year-on-year (poll: -10.4%).

  • The trade balance showed a deficit of ¥117.5 billion (poll: +¥196.2 billion surplus).

  • Exports to Asia slipped 0.2% year-on-year.

  • Exports to China fell 3.5% year-on-year.

  • Exports to the US dropped 10.1% year-on-year.

  • Exports to the EU declined 3.4% year-on-year.

This article was written by Arno V Venter at investinglive.com.

Published by: Lucas Bennett's avatar Lucas Bennett