Japan posted a merchandise trade deficit of 117.550 billion yen in July, the Ministry of Finance said on Wednesday.
That missed forecasts for a surplus of 196.2 billion yen following the downwardly revised 152.1 billion yen surplus in June (originally 153.1 billion yen).
Exports were down 2.6 percent on year at 9.359 trillion yen, missing forecasts for a fall of 2.1 percent following the 0.5 percent decline in the previous month.
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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.