Japan had a merchandise trade deficit of 833.388 billion yen in May, the Ministry of Finance said on Wednesday.
That beat forecasts for a shortfall of 970.8 billion yen following the 930 billion yen deficit in April.
Exports were down 28.3 percent on year, badly missing expectations for a decline of 17.9 percent following the 21.9 percent drop in the previous month.
Imports tumbled an annual 26.2 percent versus expectations for a fall of 15 percent after sinking 7.2 percent a month earlier.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2158864/
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