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Japan exports post huge miss in September as growth slows to 16.7%
- On Wednesday, the Ministry of Finance reported that Japan's exports rose 16.7% in September, down from the 19.3% increase recorded in the previous month.
- September's merchandise trade deficit reached 536.6 billion yen, missing forecasts of 181.0 billion yen and improving from the 1,111.9 billion yen deficit in August.
- Imports climbed 18.9% to 11.508 trillion yen, falling short of the 19.6% forecast, as growth cooled from the 28.0% surge recorded a month earlier.
- Reuters-Polled analysts had pegged export growth at 20.1%, marking a substantial deviation from the actual 16.7% result reported by officials.
- Ministry data shows cooling momentum in the export sector compared to previous figures, as observers evaluate whether this slowdown signals a sustained trend in trade.
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Japan exports post huge miss in September as growth slows to 16.7%
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Coverage Details
Total News Sources10
Leaning Left2Leaning Right0Center7Last UpdatedBias Distribution78% Center
Bias Distribution
- 78% of the sources are Center
78% Center
L 22%
C 78%
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