Friday, July 30

Japan June exports jump 48.6% year/year-MOF


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TOKYO — Japan’s exports rose 48.6% in

June from a year earlier, Ministry of Finance data showed on

Wednesday.

The rise compared with a 46.2% increase expected by

economists in a Reuters poll. It followed a 49.6% growth in May,

the sharpest monthly increase since April 1980.

Imports rose 32.7% in the year to June, versus the median

estimate for a 29.0% increase.

The trade balance came to a surplus of 383.2 billion yen

($3.49 billion), versus the median estimate for a 460.0 billion

yen surplus.

For the POLL, click on

For the full tables, go to the MOF website at:

http://www.customs.go.jp/toukei/info/index_e.htm

($1 = 109.9100 yen)

(Reporting by Tetsushi Kajimoto

Editing by Chang-Ran Kim)



financialpost.com

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