Free Trial

MNI BRIEF: BOJ May Real Export Index Drops 1.4% M/M

(MNI) TOKYO

The Bank of Japan's real export index, calculated using Ministry of Finance trade data released earlier today, fell 1.4% m/m for the second straight drop following a revised 0.2% fall in April, 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 Monday.

The average index for the April-May period rose 0.4% from the previous quarter.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.