March 21, 2024 00:26 GMT
Japan Feb Exports +7.8% Y/Y; Imports +0.5% Y/Y
JAPAN DATA
MNI (Singapore)
- Japan's exports registered a 7.8% y/y increase in February, decelerating from the 11.9% y/y increase marked in January.
- Imports rose 0.5% y/y in February, improving from the 9.6% y/y drop last month.
- Trade balance in February was a deficit of Y379 billion, following the previous Y1,758 billion deficit.
- Exports to the United States, the European Union and China rose 18.4%, 14.6% and 2.5%, respectively.
- Imports from China, US and the EU increased 16.9%, 9.3% and 0.9% respectively.
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