Japanese trade deficit narrows less than expected

Source: RTT News
Trade deficit in Japan decreased to 1.09 trillion yen during the last month, however, economists predicted the gap to narrow, reaching 0.88 trillion yen versus a 1.13 trillion deficit in September. On the other hand, exports increased 18.6% on the annual basis, including a 21.1% rise to China, 27% to the EU and 26.4% to the U.S. At the same time, imports surged as much as 26.1%, more than forecasted.

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