Japan posted a seasonally adjusted merchandise trade deficit of 1.152 trillion yen in January, the Ministry of Finance said on Wednesday.
That far surpassed expectations for a deficit of 2.142 trillion yen following the 113.5 billion yen surplus in December.
Exports jumped 16.8 percent on year to 9.187 trillion yen - beating forecasts for an increase of 12.0 percent following the 5.1 percent gain 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.