Japan’s trade deficit widens in July

FXStreet (Bali) – Japanese trade balance for the month of July came in at JPY -268.1 bln vs JPY -53.0 bln expected and a prior revision of JPY -70.5 bln, with the adjusted reading at JPY -368.8 bln vs JPY -158.6 bln exp. As per the exports (YoY), they rose by 7.6% vs expectations of 5.2% and a previous of 9.5%, while imports (YoY) stood at -3.2% vs -8.2% exp and -2.9% last.

Japanese trade balance for the month of July came in at JPY -268.1 bln vs JPY -53.0 bln expected and a prior revision of JPY -70.5 bln, with the adjusted reading at JPY -368.8 bln vs JPY -158.6 bln exp. As per the exports (YoY), they rose by 7.6% vs expectations of 5.2% and a previous of 9.5%, while imports (YoY) stood at -3.2% vs -8.2% exp and -2.9% last.

(Market News Provided by FXstreet)