Japan May exports rise 49.6per cent year/year - MOF

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Japan's exports rose 49.6per cent in May from a year earlier, Ministry of Finance data showed on Wednesday.

FILE PHOTO: A laborer works in a container area at a port in Tokyo, Japan July 19, 2017. REUTERS/Toru HanaiThe rise compares with a 51.3per cent increase expected by economists in a Reuters poll. It followed a 38per cent rise in April.Imports jumped 27.9per cent in the year to May versus the median estimate for a 26.6per cent gain.

The trade balance came to a deficit of 187.1 billion yen , versus the median estimate for a 91.2 billion yen shortfall.

 

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