12:41 - 20.04.2023

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April 20, Fineko/abc.az. Japan's trade deficit narrowed for the second time in March due to falling fuel prices and lower import costs, ABC.AZ reports with reference to the Ministry of Finance of Japan.

This March’s exports observed growth by 4.3% against March 2022.

The reason for the surprise is that economists expect this growth to be 2.6%.

The Ministry's report says that the trade deficit decreased from 898.1 bn yens (the currency of Japan) in February to 754.5 bn yens ($5.6 bn).

Economists had forecast a deficit of 1.29 trillion yens.