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Economy And The Numbers

Japan Trade Data On Tap For Wednesday

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

Japan will on Wednesday release April figures for core machinery orders and May numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.

Core machinery orders are expected to rise 2.1 percent on month and 9.3 percent on year after sinking 9.4 percent on month and climbing 5.9 percent on year in March.

Imports are expected to jump 12.8 percent on year, up from 9.7 percent in April. Exports are called higher by an annual 16.2 percent, up from 14.8 percent in the previous month. The trade deficit is pegged at 564.6 billion yen following the 301.9 billion surplus a month earlier.

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