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Japan Has Y366.5 Billion Trade Surplus
(RTTNews) - Japan posted a merchandise trade surplus of 366.5 billion yen in March, the Ministry of Finance said on Wednesday.
That beat forecasts for a surplus of 107.4 billion yen following the upwardly revised 377.8 billion yen deficit in February (originally -379.4 billion yen).
Exports were up 7.3 percent on year to 9.469 trillion yen after adding 7.8 percent in the previous month.
Imports slumped an annual 4.9 percent to 9.103 trillion yen after rising 0.5 percent a month earlier.
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