September 18, 2024 00:06 GMT
Japan Aug Exports +5.6% Y/Y; Imports +2.3% Y/Y
JAPAN DATA
MNI (Singapore)
- Japan's exports registered a 5.6% y/y increase in August, decelerating from the 10.2% y/y increase marked in July.
- Imports rose 2.3% y/y in August, slowing down from the 16.6% y/y growth last month.
- Trade balance in August was a deficit of Y695.3 billion, following the previous Y628.7 billion deficit.
- Exports to the United States and the EU fell 0.7% and 8.1% respectively, and to China rose 5.2%.
- Imports from China and the US fell 2.3% and 2.0% respectively, those from the EU rose 17.7%.
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