Japan data: February exports +11.4% y/y (expected +12.1%)

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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.

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The Bank of Japan statement is due later, on hold is expected:

• Economic calendar in Asia Wednesday, March 19, 2025 - Bank of Japan Day!

                            This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Japan data: February exports +11.4% y/y (expected +12.1%)

forexlive.com