Japan Oct exports jump but higher imports aggravate trade deficit -MOF

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TOKYO : Japan's exports grew 25.3 per cent in October from a year earlier, Ministry of Finance (MOF) data showed on Thursday, for the 20th straight month of annual gains driven by the weaker yen's boost to shipments.The rise compared with a 28.1 per cent increase expected by economists in a Reuters poll.

TOKYO : Japan's exports grew 25.

3 per cent in October from a year earlier, Ministry of Finance data showed on Thursday, for the 20th straight month of annual gains driven by the weaker yen's boost to shipments.Imports far outpaced exports, however, jumping 53.5 per cent in the year to October, compared with economists' median estimate for a 49.7 per cent increase and bringing the trade deficit to 2.162 trillion yen .

 

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