Comment on Japan sees trade surplus in June as imports drop 19 percent

Japan sees trade surplus in June as imports drop 19 percent

[...] imports of oil, coal and gas dropped by over a third in value, in part reflecting lower prices. Japan's economic recovery has suffered as an anticipated strong rebound in exports failed to materialize, and the trade data for June are unlikely to disrupt an expected move by the Bank of Japan to increase monetary stimulus at a policy meeting later this week, said Masamichi Adachi of JP Morgan in Tokyo.

 

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