Mar 21, 2013
Japan's trade balance keeps the red; exports below expectations
Japan's trade balance figures for the month of February came in at -¥777.5 billion vs estimates of -¥855.9 billion and a previous trade balance of ¥1628.4 billion. Meanwhile, Japan's adjusted trade balance (FEB) stood at ¥1086.6 billion vs ¥1102.8 billion expected. February imports came in at +11.9% vs +15.0% expected, with exports disappointing again, down at -2.9% in February vs -1.9% expected.
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