Japan Feb exports rise 45.3 pct year/year – MOF

(For more stories on the Japanese economy, click [ID:nECONJP])

TOKYO, March 24 (BestGrowthStock) – Japan’s exports rose 45.3 percent
in February from a year earlier, Ministry of Finance data showed
on Wednesday, roughly matching economists’ median forecast for a
45.7 percent rise. [JPEXPY=ECI]

Exports to Asia, which account for more than half of Japan’s
total exports, rose 55.7 percent from a year earlier.

The trade balance came to a surplus of 651.0 billion yen
($7.20 billion), compared with the median estimate for a 550.0
billion yen surplus. [JPTBAL=ECI]

Following is a table of the main figures. Economists’ median
forecasts are in parentheses:
————————————————————-
(Unadjusted, mln yen, y/y)

FEBRUARY YEAR AGO PCT CHANGE
Overall balance +650,978 (+550,000) +70,847 +818.8 (+566.9)
Exports 5,128,670 3,529,575 +45.3 (+45.7)
Imports 4,477,692 3,458,728 +29.5 (+33.0)
————————————————————-
To view full tables, go to the website of the Ministry of
Finance at: http://www.customs.go.jp/toukei/shinbun/happyou_e.htm

Stock Today

(Reporting by Tetsushi Kajimoto; Editing by Hugh Lawson)

Japan Feb exports rise 45.3 pct year/year – MOF