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Japan March exports rise 14.7% year/year -MOF

Japan March exports rise 14.7% year/year -MOF

FILE PHOTO: Security guards put on rain jackets as they stand in front of the Finance Ministry in Tokyo August 4, 2011. REUTERS/Yuriko Nakao

TOKYO : Japan's exports rose 14.7 per cent in March from a year earlier, Ministry of Finance (MOF) data showed on Wednesday.

That was weaker than the 17.5 per cent increase expected by economists in a Reuters poll, and followed growth of 19.1 per cent in February.

March imports gained 31.2 per cent year-on-year, versus the median estimate for a 28.9 per cent increase.

The trade balance came to a deficit of 412.4 billion yen ($3.19 billion), versus a median estimate for a 100.8 billion yen deficit.

To view full tables, go to the MOF website at: http://www.customs.go.jp/toukei/info/index_e.htm

($1 = 129.2400 yen)

Source: Reuters

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