Japan exports rise 4.2% in February from year earlier
FILE PHOTO: Shipping containers are seen at a port in Tokyo, Japan, March 22, 2017. REUTERS/Issei Kato/File Photo
TOKYO, March 18 : Japanese exports rose 4.2 per cent year-on-year in February, up for a sixth straight month, data from the Ministry of Finance showed on Wednesday.
The result compared with a 1.6 per cent increase expected by economists in a Reuters poll.
Imports grew 10.2 per cent in February from a year earlier, versus an 11.5 per cent increase expected by economists.
The trade balance stood at a surplus of 57.3 billion yen ($361 million), compared with the forecast of a deficit of 483.2 billion yen.
($1 = 158.9200 yen)
Source: Reuters
