Japan exports contract heavily in September

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters
Japan showed a merchandise trade shortfall of Y558.555 billion in September, led by heavy drop in exports to China and Europe, the Ministry of Finance reported on Monday. Economists expected a deficit of Y547.9 billion, after a downwardly revised Y755.9 billion in August. Exports slid 10.3% on year to Y5.359 trillion, exports to China shrank 14.1%, while those to EU fell 21.1%. Total imports rose 4.1%.

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