Japan had a merchandise trade deficit of 123.0 billion yen in September, the Ministry of Finance said on Monday.
That missed expectations for a surplus of 54.0 billion yen following the 143.5 billion yen shortfall in August.
Exports were down 5.2 percent on year, shy of forecasts for a drop of 3.6 percent following the 8.2 percent slide in the previous month.
Imports fell an annual 1.5 percent versus expectations for a decline of 2.8 percent after tumbling 11.9 percent a month earlier.
The material has been provided by InstaForex Company – www.instaforex.com
- Treasuries See Further Downside As ECB Provides Additional Stimulus - June 4, 2020
- Gold Futures Snap 4-day Losing Streak, Settle Notably Higher - June 4, 2020
- Euro Appreciates As ECB Boosts Emergency Bond Buying Scheme - June 4, 2020