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Global Economic News

Japan Has Y113.642 Billion Trade Surplus

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Japan had a merchandise trade surplus of 113.642 billion yen in August, the Ministry of Finance said on Wednesday.

That beat forecasts for a surplus of 104.4 billion yen, although it was down from 418.8 billion yen in July.

Exports climbed 18.1 percent on year to 6.278 trillion yen, beating forecasts for a gain of 14.3 percent and up from 13.4 percent in the previous month.

Imports picked up an annual 15.2 percent to 6.164 trillion yen versus expectations for 11.6 percent and down from 16.3 a month earlier.

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