January 22, 2020 / 11:57 PM / a month ago

Japan December exports fall 6.3% year-on-year - MOF

TOKYO (Reuters) - Japan’s exports fell 6.3% in December from a year earlier, Ministry of Finance (MOF) data showed on Thursday, in a sign weak external demand is keeping a lid on the export-reliant economy.

That compared with a 4.2% decrease expected by economists in a Reuters poll and followed a 7.9% year-on-year decline in the previous month.

Imports fell 4.9% in the year to December, versus the median estimate for a 3.4% decrease. They fell 15.7% in the previous month.

As a result, the trade balance came to a deficit of 152.5 billion yen (1.1 billion pounds), versus the median estimate for a 150 billion yen shortfall.

Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below