Economic Buzz: Japans Trade Deficit At 2,162.3 Billion Yen In October

17 Nov 2022 , 10:30 AM

Japan posted a merchandise trade deficit of 2,162.3 billion yen in October, the Ministry of Finance said on Thursday. Exports were up 25.3 percent on year to 9.001 trillion yen, shy of forecasts for a 28.1 percent increase following the 28.9 percent gain in the previous month. Imports surged an annual 53.5 percent versus expectations for a jump of 49.7 percent following the downwardly revised 45.7 percent increase a month earlier (originally 45.9 percent). Powered by Commodity Insights