— Japan June 1st 20-Day Exports -4.7% Y/Y Vs May +10.0%
— Japan June 1st 20-Day Imports -0.7% Y/Y Vs May +9.3%
— Japan June 1st 20-Day Trade Deficit Y261.8 Bln
TOKYO (MNI) – Japan’s exports fell in the first 20 days of June
from a year earlier, when shipments were recovering from the major
supply chain breakdown caused by the March 2011 earthquake disaster,
data released by the Ministry of Finance showed on Friday.
Exports in the first 20 days of last month came to Y3.43 trillion,
down 4.7% from a year before, when the year-on-year slump in shipments
of cars and electronics was easing from the previous month.
The latest decline followed a 10.0% jump in exports in the whole of
May this year.
Imports dipped 0.7% y/y to Y3.69 trillion in the first 20 days of
June following a 9.3% rise in the previous month.
As a result, Japan’s trade balance for the first 20 days of June
posted a deficit of Y261.78 billion, compared with a deficit of Y119.65
billion in the first 20 days of June 2011.
tokyo@marketnews.com
** MNI Tokyo Newsroom: 81-3-5403-4835 **
[TOPICS: M$J$$$,M$A$$$,MAJDS$]
