Japan's exports in July decreased by 2.6% year-on-year.

On August 20, Jin10 reported that Japan’s Ministry of Finance released data on Wednesday showing that Japan’s exports in July fell by 2.6% year-on-year, marking the third consecutive month of decline, with economists predicting a decline of 2.1%. Imports in July also declined by 7.5% year-on-year, a smaller decrease than the 10.4% decline anticipated by economists. As a result, Japan recorded a trade deficit of 117.5 billion yen (equivalent to 795.5 million USD), while a surplus of 196.2 billion yen was expected.

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