Japan's Nov exports rise 20.5% yoy

[TOKYO] Japan's exports rose 20.5 per cent in November from a year earlier, the Ministry of Finance (MOF) data showed on Thursday.

The reading compared with a 21.2 per cent gain expected by economists in a Reuters poll and followed a 9.4 per cent rise in the month prior.

Imports increased 43.8 per cent in the year to November, versus the median estimate for an 40.0 per cent increase and a 26.7 per cent advance in the previous month.

The trade balance came to a deficit of 954.8 billion yen (S$11.4 billion), against the median estimate for a 675.0 billion yen deficit.

REUTERS