Japan Has Y444.594 Billion Trade Shortfall - ConsultFX

Japan Has Y444.594 Billion Trade Shortfall

Japan posted a 444.594 billion yen trade deficit in August, the Ministry of Finance said on Wednesday.

That beat forecasts for a shortfall of 483.2 billion yen following the 231.9 billion yen deficit in July.

Exports climbed 6.6 percent on year to 6.691 trillion yen - exceeding expectations for 5.2 percent and up from 3.9 percent in the previous month.

Imports jumped an annual 15.4 percent to 7.136 trillion yen versus forecasts for 14.5 percent and up from 14.6 percent a month earlier.


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