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Japan February Trade Surplus Y584.5 Billion
(RTTNews) - Japan posted a merchandise trade surplus of 584.5 billion yen in February, the Ministry of Finance said on Wednesday.
That was shy of expectations for a surplus of 722.8 billion yen following the 2.736 trillion yen deficit in January.
Imports were down 0.7 percent on year at 8.606 trillion yen, missing forecasts for a gain of 0.1 percent following the 16.2 percent jump in the previous month.
Exports were up an annual 11.4 percent to 9.191 trillion yen, missing forecasts for a gain of 12.1 percent after adding 7.3 percent a month earlier.
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