Trade balance for November: Y -1292.9bn
- expected Y -1351.1bn, prior was Y -1092.7bn
Trade balance (adjusted) for November: Y -1346.31bn
- expected Y -1198.0bn, prior was Y 1072.5bn
Exports for November y/y: +18.4%
- expected is +18.0%, prior was +18.6%
- 9th consecutive y/y rise
Imports for November y/y: +21.1%
- expected is +21.4%, prior was +26.2%
- Thirteenth consecutive rise in imports
Meanwhile … USD/JPY is unmoved
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- Biggest November trade deficit on record – note that extra energy imports are needed because of the nuclear industry shutdown
- 17 monthly deficits is the longest in comparable data back to 1979