Japanese December exports smash higher than expectations - but not imports ...Middle East

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Japanese December exports smash higher than expectations - but not imports

Japan's December exports rose 2.8% year-on-year, according to the Ministry of Finance (MOF), exceeding the poll forecast of +2.3%.

prior was 3.8%

Japan's December imports increased 1.8% year-on-year, below the poll estimate of +2.6%

    prior was -3.8%

    Japan recorded a December trade surplus of 130.9 billion yen, significantly outperforming the expected 53.0 billion yen deficit

    Japan’s December exports to Asia grew 5.8% year-on-year

    to China declined 3% year-on-year to the U.S. fell 2.1% year-on-year to the EU edged up 0.5% year-on-year This article was written by Eamonn Sheridan at www.forexlive.com.

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