Japan Jan exports rise 40.9 pct year/year – MOF

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

TOKYO, Feb 24 (BestGrowthStock) – Japan’s exports rose 40.9 percent
in January from a year earlier, Ministry of Finance data showed
on Wednesday, slightly more than economists’ median forecast for
a 38.4 percent rise. [JPEXPY=ECI]

Exports to Asia, which account for more than half of Japan’s
total exports, jumped 68.1 percent from a year earlier.

The trade balance came to a surplus of 85.2 billion yen
($944.4 million), against the median estimate for a 108.5 billion
yen deficit. [JPTBAL=ECI]

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

JANUARY YEAR AGO PCT CHANGE
Overall balance +85,202 (-108,500) -956,026 n/a
Exports 4,902,403 3,480,403 +40.9(+38.4)
Imports 4,817,201 4,436,429 +8.6(+12.0)
————————————————————–
To view full tables, go to the website of the Ministry of
Finance at:

http://www.customs.go.jp/toukei/info/index_e.htm

Stock Analysis

(Reporting by Rie Ishiguro; Editing by Hugh Lawson)

Japan Jan exports rise 40.9 pct year/year – MOF