March 2019 trade balance from Japan, exports held down by trade wars
Trade balance: Y 528.5bn
- expected Y 363.2bn, prior was Y 334.9bn
Trade balance (adjusted): Y -177.8bn
- expected Y -242.5bn, prior was Y 116.1bn
Exports -2.4% y/y:, not quite as bad as expected
- expected -2.6%, prior was -1.2%
Imports +1.1% y/y, a miss
- expected 2.8%, prior was -6.7%
Yen unresponsive. What else is new?