Abenomics Not Living Up To Expectations – Jan Exports Misses Expectations As Trade Gap Widens

Japanese exports rose 9.5 percent in January from a year earlier, below analyst expectations in a Reuters poll for a 12.6 percent rise, data on Thursday showed.

Imports rose 25 percent on-year in January, against forecasts for a rise of 21.8 percent, as a weak yen boosted import costs.

As Japan’s imports outpaced exports, the country posted a record monthly trade gap of 2.79 trillion yen ($27.30 billion) in January, versus a 2.5 trillion yen shortfall anticipated by analysts.

CNBC

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Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu