
Japan exports drop 0.5% y/y in June
The result compared with a 0.5% increase expected by economists in a Reuters poll.
Imports grew 0.2% in June from a year earlier, versus a 1.6% drop expected by economists.
As a result, the trade balance stood at a surplus of 153.1 billion yen ($1.03 billion), compared with a forecast for a surplus of 353.9 billion yen.
($1 = 148.0000 yen)

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