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Japan Has 776.9 Billion Trade Shortfall In November
(RTTNews) - Japan posted a merchandise trade deficit of 776.9 billion yen in November, the Ministry of Finance said on Wednesday.
That exceeded expectations for a shortfall of 962.4 billion yen following the 661.0 billion yen deficit in October.
Imports were down 11.9 percent on year to 9.596 trillion yen. That missed forecasts for a decline of 8.6 percent following the 12.5 percent drop in the previous month.
Exports slipped an annual 0.2 percent to 8.819 trillion yen versus forecasts for an increase of 1.5 percent following the 1.6 percent gain a month earlier.
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