TOKYO (MNI) – Japan’s trade balance for the first 20 days of
September posted a surplus of Y175.84 billion, 67.6% smaller than the
surplus of Y542.15 billion recorded a year before, the Ministry of
Finance said Tuesday.
The trade balance in the first 20 days of September turned positive
after a deficit of Y522.54 billion seen in the first 20 days of August.
But exports in the first 20 days of last month rose only 1.0% to
Y3.76 trillion after rising 8.6% in the first 20 days of the previous
month. For the whole of August, exports gained 2.8%.
Imports rose 12.7% y/y to Y3.59 trillion in the first 20 days of
September, with the pace of increase decelerating from +15.2% in the
first 20 days of August and +19.2% in the whole of August.
In August, Japan’s customs-cleared trade balance showed a deficit
of Y777.24 billion, compared with a small surplus of Y63.75 billion a
year earlier.
tokyo@marketnews.com
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