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Japan March Trade Surplus Shrinks to 614.7 B. Yen

Japan March Trade Surplus Shrinks to 614.7 B. Yen

   Tokyo, April 20 (Jiji Press)--Japan logged a customs-cleared trade surplus of 614.7 billion yen in March, down 17.5 pct from a year before, the Ministry of Finance said Thursday.
   The result topped the median forecast of 578.3 billion yen in a Jiji Press poll of 20 research institutes.
   Exports rose 12.0 pct to 7,229.1 billion yen, while imports grew 15.8 pct to 6,614.4 billion yen, the ministry said in a preliminary report.
   In trade with the United States, Japan's surplus shrank 8.1 pct to 628.1 billion yen, with exports up 3.5 pct and imports up 16.3 pct.
   In trade with mainland China, Japan posted a deficit of 319.8 billion yen, smaller than the year-before deficit of 352.4 billion yen. Exports expanded 16.4 pct, and imports rose 10.3 pct.

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AFP-JIJI PRESS NEWS JOURNAL


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