Japan Sept exports +14.4 pct year/year – MOF

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TOKYO, Oct 25 (BestGrowthStock) – Japan’s exports rose 14.4 percent
in September from a year earlier, Ministry of Finance data showed
on Monday, slowing for a seventh straight month as a strong yen
and moderating overseas demand hurt export growth. [JPEXPY=ECI]

The rise was bigger than economists’ median forecast of a 9.6
percent increase but slightly slower than a 15.5 percent increase
the previous month.

Exports to Asia, which account for more than half of Japan’s
total exports, rose 14.3 percent from a year earlier, while
shipments to China increased 10.3 percent.

The trade balance came to a surplus 797.0 billion yen ($9.80
billion), up 54.0 percent from a year earlier. That compared with
the median estimate for a 714.0 billion yen surplus and a 37.9
percent annual rise. [JPTBAL=ECI]

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

SEPTEMBER YEAR AGO PCT CHANGE
Overall balance +797,008 (+714,000) 517,630 +54.0(+37.9)
Exports 5,842,944 5,109,386 +14.4 (+9.6)
Imports 5,045,936 4,591,756 +9.9 (+7.4)
————————————————————–
To view full tables, go to the website of the Ministry of
Finance at:

http://www.customs.go.jp/toukei/info/index_e.htm
(Reporting by Rie Ishiguro; Editing by Michael Watson)

Japan Sept exports +14.4 pct year/year – MOF