Japan exports rise 3.1% year/year in Oct

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Japan exports rise 3.1% year/year in Oct - Channel News Asia

Quick Summary:

TOKYO : Japanese exports rose 3.1 per cent year-on-year in October, rebounding from a 1.7 per cent drop in September, data from the Ministry of Finance showed on Wednesday.

The result compared with a 2.2 per cent increase expected by economists in a Reuters poll.Imports increased 0.

As a result, the trade balance stood at a deficit of 461.2 billion yen ($2.98 billion), compared with the forecast of a deficit of 360.4 billion yen.