Economic news
Japan exports rise 3.1% year/year in Oct
2024.11.19 19:26
TOKYO (Reuters) – Japanese exports rose 3.1% year-on-year in October, rebounding from a 1.7% drop in September, data from the Ministry of Finance showed on Wednesday.
The result compared with a 2.2% increase expected by economists in a Reuters poll.
Imports increased 0.4% in October from a year earlier, versus a 0.3% decrease expected by economists.
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.
($1 = 154.7000 yen)
