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MNI BRIEF: BOJ Oct Real Export Index Rises 0.8% M/M

(MNI) TOKYO

The Bank of Japan's real export index, calculated using Ministry of Finance trade data, rose 0.8% m/m in October for the second straight rise following a revised 4.4% rise in September, data released by the BOJ showed on Thursday.

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 October real export index rose 1.5% m/m from the average of the index in the third quarter.

Bank officials expect Japan’s exports and industrial production to be continuously weighed down by slowing U.S. and Chinese economies, and they are also worried about slower private consumption and capital investment
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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