Exports rose 7.5% in April from a year ago, below the median estimate of 7.8% annual growth, finance ministry data showed on Monday.
It followed a 12.0% rise in March. Imports surged 15.1% versus the median estimate for a 14.8% increase, rising for the fourth straight month on rising energy costs. The overall trade balance came to a surplus of 481.7 billion yen ($4.33 billion), versus the median estimate for a 521 billion yen surplus.
The data also showed Japan’s trade surplus with the United States narrowed. But Japan’s trade surplus with the United States fell 4.2% in April from a year ago to 586.7 billion yen ($5.27 billion).
Source: Republic of Turkey Ministry of Economy
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
