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2018.07.1820:15:00UTC+00Japan Has Y721.408 Billion Trade Surplus

Japan had a merchandise trade surplus of 721.408 billion yen in June, the Ministry of Finance said on Thursday.

That exceeded expectations for a surplus of 531.2 billion yen following the 578.3 billion yen deficit in May.

Exports advanced an annual 6.7 percent - shy of forecasts for 7.0 percent and down from 8.1 percent in the previous month.

Imports were up just 2.5 percent on year versus expectations for a gain of 5.3 percent and down sharply from 14.0 percent a month earlier.

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