Japan October Trade Surplus Y17.3 Billion

19.11.2019 23:43 (UTC +0)

Japan posted a merchandise trade surplus of 17.3 billion yen in October, the Ministry of Finance said on Wednesday.

That was well shy of expectations for a surplus of 301.0 billion yen following the 124.8 billion yen deficit in September.

Exports fell 9.2 percent on year, missing forecasts for a drop of 7.5 percent following the 5.2 percent decline in the previous month.

Imports were down an annual 14.8 percent versus expectations for a drop of 15.4 percent after dipping 1.5 percent a month earlier.

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