JAPAN TRADE SURPLUS Y43.05 BILLION IN JUNE

Japan posted a merchandise trade surplus of 43.048 billion yen in June, the Ministry of Finance said on Thursday.

That beat forecasts for a deficit of 46.7 billion following the downwardly revised 1,381.9 billion yen shortfall in May (originally -1,372.5 billion yen).

Exports rose 1.5 percent on year to 8.744 trillion yen, missed expectations for an increase of 2.2 percent following the 0.6 percent gain in the previous month.

Imports slumped an annual 12.9 percent to 8.701 trillion yen versus expectations for a decline of 11.3 percent following the upwardly revised 9.8 percent gain a month earlier (originally -9.9 percent).

News are provided by InstaForex

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