Japan Dec exports fall 6.3% year/year - MOF
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TOKYO — Japan’s exports fell 6.3% in
December from a year earlier, Ministry of Finance (MOF) data
showed on Thursday, in a sign weak external demand is keeping a
lid on the export-reliant economy.
That compared with a 4.2% decrease expected by economists in
a Reuters poll and followed a 7.9% year-on-year decline in the
previous month.
Imports fell 4.9% in the year to December, versus the median
estimate for a 3.4% decrease. They fell 15.7% in the previous
month.
As a result, the trade balance came to a deficit of 152.5
billion yen ($1.39 billion), versus the median estimate for a
150 billion yen shortfall.
To view full tables, go to the MOF website:
http://www.customs.go.jp/toukei/info/index_e.htm
($1 = 109.7100 yen)
(Reporting by Tetsushi Kajimoto
Editing by Chang-Ran Kim)
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