Home / Business / Japan decreased exports for a tenth consecutive month

Japan decreased exports for a tenth consecutive month

TOKYO, October 21 (Reuters) – Japan's exports declined in September for the 10th consecutive month, a decline higher than expected, according to official data released on Monday.

According to the Ministry of Finance statistics, Japan's exports decreased by 5.2% from the previous year, after falling by 8.2% in August.

Economists who surveyed Reuters on average expected a decline of 4.0%.

Japanese exports to the US decreased 7.9% last month from year to year. US imports decreased by 11.6% during the same period.

Japan's trade surplus with the United States fell by 3.5% year-on-year to Yen 564.1 billion (about EUR 4.7 billion).

According to official statistics, Japan's exports to China ̵

1; its main trading partner – fell 6.7% year-on-year, a decrease for the seventh consecutive month. (Daniel Leussink, Arthur Connan for French Service)

Source link