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Japan February Trade Surplus Y57.269 Billion

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

Japan posted a seasonally adjusted merchandise trade surplus of 57.296 billion yen in February, the Ministry of Finance said on Wednesday.

That exceeded expectations for a deficit of 485.0 billion yen following the downwardly revised 1.163 trillion yen shortfall in January (originally a deficit of 1.152 trillion yen).

Exports rose 4.2 percent on year to 9.571 trillion yen - beating forecasts for an increase of 1.6 percent and slowing from 16.8 percent in the previous month.

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