May 22, 2024 06:08 GMT
MNI BRIEF: BOJ April Real Export Index Rises 0.1% M/M
(MNI) Tokyo
(MNI) TOKYO
The Bank of Japan's real export index, calculated using Ministry of Finance trade data, rose 0.1% m/m in April for the second straight rise following an unrevised 3.4% in March, data released by the BOJ showed on Wednesday.
The figures were calculated by MNI based on BOJ data and confirmed by bank officials. The BOJ will release details of the index on Tuesday.
The April index rose 1.3% compared with the Q1 average.
The real export index fell 2.6% q/q in Q1, its first drop in four quarters following 0.3% in Q4 2023.
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