Asian Economic News

Japan Trade Deficit Y879.936 Billion In April

Japan saw a merchandise trade deficit of 879.936 billion yen in April, the Ministry of Finance said on Wednesday.

That missed forecasts for a shortfall of 620.6 billion yen following the downwardly revised deficit of 364.0 billion yen in March.

Exports were up 3.8 percent on year, also missing forecasts for a gain of 5.4 percent after adding 1.1 percent in the previous month.

Imports climbed an annual 9.4 percent versus expectations for 6.9 percent following the 5.6 percent gain a month earlier.

by RTTNews Staff Writer

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