Newly manufactured cars of the automobile maker Honda await export at port in YokohamaThomson Reuters
TOKYO (Reuters) – Japan’s exports fell 11.3 percent in May from a year earlier, Ministry of Finance data showed on Monday, as a strong yen and lackluster growth in emerging markets curb demand for Japanese goods.
The fall was more than a 10.4 percent decrease expected by economists in a Reuters poll. It followed a 10.1 percent year-on-year decline in April.
Imports fell 13.8 percent, matching the median estimate.
The trade balance came to a deficit of 40.7 billion yen ($389.10 million), versus the median estimate for a 40.0 billion yen surplus.
To view full tables, go to the website of the Ministry of Finance at:
http://www.customs.go.jp/toukei/info/index_e.htm
($1 = 104.6000 yen)
(Reporting by Stanley White; Editing by Chang-Ran Kim)
Read the original article on Reuters. Copyright 2016. Follow Reuters on Twitter.
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