The trade balance of the world's third largest economy turned positive again in September: the surplus is almost 3 billion euros, thanks to a clear recovery in exports (+2,8% compared to the 1% expected). In particular, the auto sector returned to racing
Japan's trade balance returned to positive territory again in September, thanks to a moderate recovery in automobile exports and despite a higher energy bill. This was indicated by the Ministry of Finance.
Japan's exports are indeed grew in September on an annual basis by 2,8%, while economists had expected 1% growth.
The third largest economy in the world has recorded a trade surplus of 300,4 billion yen (2,86 billion euros), however down by 61,2% on an annual basis.
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