Global Economic News

Japan Has Y823.474 Billion Trade Surplus

Japan had a merchandise trade surplus of 823.474 billion yen in April, the Ministry of Finance said on Monday.

That exceeded expectations for a surplus of 521.4 billion yen following the 754.2 billion yen surplus in March.

Exports were down 10.1 percent on year, missing forecasts for a fall of 9.9 percent following the 6.8 percent drop in the previous month.

Imports tumbled an annual 23.3 percent versus expectations for a decline of 19.3 percent after skidding 14.9 percent a month earlier.

by RTTNews Staff Writer

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