Free Trial

MNI BRIEF: BOJ's Feb Real Export Index Rises 1.5% M/M

(MNI) Tokyo
(MNI) TOKYO

The Bank of Japan's real export index, calculated using Ministry of Finance trade data, rose 1.5% m/m in February for the first rise in three months following a revised -2.8% decline in January.

The figures were calculated by MNI based on BOJ data and confirmed by bank officials. The BOJ will release details of the index on Wednesday.

The average of the real export index for January-February fell 5.0% from the average of the October-December quarter. The BOJ lowered its assessment on exports last week as exports and production are being weighed down by slowing overseas economies.

The BOJ said that exports and industrial production have been more or less flat. The previous view was that they have increased as a trend.

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.