March 16, 2023 00:35 GMT
Japan Feb Exports +6.5% Y/Y; Imports +8.3% Y/Y
JAPAN DATA
MNI (Singapore)
- Japan's exports rose for 23rd straight month by 6.5% y/y in February, faster than the 3.5% y/y growth marked in January.
- Imports rose 8.3% y/y in February, following the 17.8% y/y gain last month, marking the 24th monthly rise.
- Trade balance in February was a deficit of Y898 billion, narrowing from the previous Y3.5 trillion deficit.
- Exports to the United States and the European Union rose 14.9% y/y and 18.6% y/y respectively, and to China decreased 10.9% y/y.
- Imports from the United States and the European Union increased 6.6% and 4.5 respectively, and from China fell 0.6% y/y.
94 words