Japan posted a merchandise trade deficit of 1,436.8 billion yen in July, the Ministry of Finance reported. Exports were up 19.0 percent on year to 8.752 trillion yen, exceeding forecasts for a gain of 18.2 percent following the downwardly revised 19.3 percent increase in the previous month (originally 19.4 percent). Imports surged an annual 47.2 percent versus expectations for a gain of 45.7 percent and up from 46.1 percent a month earlier.Powered by Commodity Insights
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