Trade balance for February: Y 242.8bn (originally hit the wires at 42.8bn! )
- expected Y 400.2bn, prior was Y -648.8bn
Trade balance (adjusted): Y 166.1bn
- expected Y 235.0bn, prior was Y 119.4bn
Exports y/y: -4.0%
- expected -3.0%, prior was -12.9%
Imports y/y: -14.2%
- expected -15.8%, prior was -17.8%
More disappointing data from Japan - another miss on exports.
- Exports to China +5.1% y/y
- Exports to Asia -6.1% y/y
- Exports to US +0.2% y/y
Yen barely changed.