— Japan July 1st 20-Day Exports -2.4% Y/Y Vs June -2.3%
— Japan July 1st 20-Day Imports +4.7% Y/Y Vs June -2.2%
— Japan July 1st 20-Day Trade Deficit Y580.01 Bln
TOKYO (MNI) – Japan’s exports fell in the first 20 days of July
from a year earlier, when shipments were recovering from the major
supply chain breakdown caused by the March 2011 earthquake disaster,
data released by the Ministry of Finance showed on Wednesday.
Exports in the first 20 days of last month came to Y3.34 trillion,
down 2.4% from a year before, when the year-on-year slump in shipments
of cars and electronics was easing from the previous month.
The latest decline followed a 2.3% fall in exports in the whole of
June this year.
Imports rose 4.7% y/y to Y3.92 trillion in the first 20 days of
July following a 2.2% drop in the previous month.
As a result, Japan’s trade balance for the first 20 days of July
posted a deficit of Y580.01 billion, compared with a deficit of Y322.02
billion in the first 20 days of July 2011.
tokyo@marketnews.com
** MNI Tokyo Newsroom: 81-3-5403-4835 **
[TOPICS: M$J$$$,M$A$$$,MAJDS$]
