Japan data: February exports +11.4% y/y (expected +12.1%)Japan data
Trade Balance (February 2025) 584.5bn JPY
- expected 722.8bn, prior -2,736.6bn
Imports -0.7% y/y
- expected +0.1%, prior +16.2%
Exports +11.4% y/y
- expected +12.1%, prior +7.3%
More:
Exports to
- the EU -7.7% y/y
- China +14.1% y/y
- the USA +10.5% y/y
- Asia +15.7% y/y
While this data is about Japan, check out the slump in exports to the EU - confirming again that the economy there has been slumping, little wonder the European Central Bank have slashed rates. Germany's fiscal boost should help too.
---
The Bank of Japan statement is due later, on hold is expected:
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Japan data: February exports +11.4% y/y (expected +12.1%) (https://www.forexlive.com/news/japan-data-february-exports-114-yy-expected-121-20250318/)
forexlive.com