Japan trade balance for April: Y -53.4bn (expected Y -351.1bn)

Japan trade balance for April: Y -53.4bn

• expected Y -351.1bn, prior was Y 227.4bn ... so a lower deficit than expected

Trade balance (adjusted): Y -208.68bn

• expected is Y -386.8bn, prior was Y 3.3bn

Exports +8.0% y/y

• expected +6.0%, prior was +8.5%

Imports -4.2% y/y

• expected -1.1%, prior was -14.5%