Japan Nov 1st 20-Day Exports Fall 7.2%, Lead to Trade Deficit

— Japan Nov 1st 20-Day Exports -7.2% Y/Y Vs Oct -3.8%
— Japan Nov 1st 20-Day Imports +3.9% Y/Y Vs Oct +17.9%
— Japan Nov 1st 20-Day Trade Deficit Y366.64 Bln; Surplus Yr Ago

TOKYO (MNI) – Japan’s exports continued to slump in the first 20
days of November amid slowing global growth and the strong yen, data
released by the Ministry of Finance showed on Thursday.

Exports in the first 20 days of last month fell 7.2% on the year to
Y3.39 trillion after falling 3.8% in the whole of October.

Imports rose 3.9% y/y to Y3.76 trillion in the first 20 days of
November following a 17.9% rise in the previous month.

As a result, Japan’s trade balance for the first 20 days of
November posted a deficit of Y366.64 billion after making a deficit of
Y280.17 billion in the whole of October.

tokyo@marketnews.com
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