Japan trade balance for May
- expected Y -1030bn, prior Y -931.9bn
Trade balance adjusted -601bn yen
- expected Y -657.5bn, prior Y -996.3bn
Exports -28.3% y/y for a miss
- expected -26.1% y/y, prior -21.9%
Imports -26.2% y/y for a miss
- expected -20.4% y/y, prior -7.1%
Further exports details are ugly, export to
- the US are down 50.6% y/y
- the EU down 33.8%
- China -1.9%
- Asia -12.0%