Japan commerce knowledge for January 2024, a stable beat for exports is the excellent news. The more serious than anticipated stoop in imports is the not so excellent news – maybe suggestive of a weak economic system (recession ongoing?)
- Exports to Asia +13.5% y/y
- Exports to CHINA
+29.2% y/y - Exports to U.S.
+15.6% y/y - Exports to EU +13.8%
y/y
extra to return
This text was written by Eamonn Sheridan at www.forexlive.com.