June 19, 2024 05:30 GMT
MNI BRIEF: BOJ May Real Export Index Drops 1.4% M/M
(MNI) Tokyo
(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.
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