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Japan Nov exports rise 20.5% year/year -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: On May 22, 2019, a man riding a bike passes by containers at an Industrial Port in Tokyo, Japan. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters – Japan’s imports rose by 20.5% in November compared to a year before, data released Thursday by the Ministry of Finance.

According to Reuters, economists expected a 21.2% rise and this reading followed a 9.4% increase in the prior month.

In November 2011, imports rose by 43.8% compared to the median estimate that they would have increased 40.0% and experienced a 26.7% rise in the preceding month.

Trade balance showed a deficit in the amount of 954.8 billion Japanese yen (8.37 billion), compared to the median estimate of a deficit at 675.0 billion.

($1 = 114.1400 yen)

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