Market Overview

Japan Posts Narrower October Trade Deficit

Japan posted a narrower trade deficit in October.

The country's trade deficit came in at 549 billion yen ($6.72 billion) in October, versus a ¥561.7 billion trade deficit in September. Exports dropped 6.5% y/y, while imports fell 1.6%, according to the Finance Ministry.

Economists were expecting the trade deficit to narrow to ¥360 billion in October.

Posted-In: Japan trade deficitNews

 

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