Free Trial

MNI BRIEF: BOJ's May Real Export Index Rises 3.0% M/M

(MNI) Tokyo
TOKYO (MNI)

The Bank of Japan’s real export index calculated based on the Ministry of Finance trade data rose 3.0% m/m in May for the first rise in two months following a 6.0% drop in April.

The figures were calculated by MNI based on BOJ data and confirmed. The full May real export index data is due on Tuesday.

Japan's exports rose 15.8% y/y in May for the 15th straight rise, but slowing from +12.5% in April, and imports rose 48.9% y/y for the 16th straight gain following +28.3% in April, data released on Thursday by the Ministry of Finance showed. Japan posted an overall trade deficit of JPY2.385 trillion for the biggest deficit in more than eight years and the 10th straight deficit following a deficit of JPY842.8 billion in April.

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.