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Japan's trade surplus expands 22.8 percent in December

Japan's trade surplus expands 22.8 percent in December

Japan's trade surplus expanded 22.8 percent in December on stable exports, the Finance Ministry said Thursday.
The unadjusted surplus climbed to 1.115 trillion yen (US$9.21 billion; euro7.08 billion), from a year earlier, the ministry said.
Economists surveyed by Dow Jones Newswires had on average forecast a 28 percent increase. Japan's trade surplus grew 54 percent in November.
December exports increased 9.8 percent, while imports rose 7.6 percent.
The country's politically sensitive trade surplus with the U.S. grew 12.6 percent to 854.8 billion yen (US$7.06 billion; euro5.43 billion) in December from a year earlier, the ministry said.
Japan's trade deficit with China narrowed 15.5 percent to 165.7 billion yen (US$1.37 billion; euro1.05 billion).


Updated : 2021-04-13 13:22 GMT+08:00