TOKYO, October 19 ------ Japanese exports dropped 1.7 per cent year-on-year in September, marking the first decrease in 10 months, data from the Ministry of Finance showed.
The result compared with a 0.5 per cent increase expected by economists in a Reuters poll. Imports grew 2.1 per cent in September from a year earlier, versus a 3.2 per cent increase expected by economists.
As a result, the trade balance stood at a deficit of 294.3 billion yen ($1.97 billion), compared with the forecast of a deficit of 237.6 billion yen.
Source: channelnewsasia.com
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