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.
by RTT Staff Writer
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