Japan saw a merchandise trade deficit of 754.127 billion yen in August, the Ministry of Finance said on Thursday.
That beat forecasts for a shortfall of 829.3 billion yen following the downwardly revised deficit of 518.9 billion yen in July (originally 517.382 billion yen).
Exports were down 5.8 percent on year, beating forecasts for a contraction of 7.5 percent following the 8.1 percent decline in the previous month.
Imports fell an annual 5.4 percent, topping expectations for a decline of 5.5 percent after rising 2.1 percent a month earlier.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.