Japan logs trade deficit of 114.5 billion yen in Sept.

posted on October 22, 2015

Japan logged a customs-cleared trade deficit of 114.5 billion yen in September, improving from the 962.0-billion-yen deficit a year earlier, the Ministry of Finance said Wednesday.

The result came against the median forecast of an 87-billion-yen surplus in a Jiji Press poll of 21 research institutes.

Exports edged up 0.6 pct to 6,417.4 billion yen, while imports slumped 11.1 pct to 6,531.8 billion yen, the ministry said in a preliminary report.

In trade with the United States, Japan's surplus shot up 22.3 pct to 661.8 billion yen, with exports up 10.4 pct and imports down 0.1 pct.

source by newsonjapan
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