Arab Today, arab today japan\s exports fall 37 pct in oct 1st fall in 3 months
Last Updated : GMT 16:41:41
Arab Today, arab today
Arab Today, arab today

Japan\'s exports fall 3.7 pct. in Oct, 1st fall in 3 months

Arab Today, arab today

Arab Today, arab today Japan\'s exports fall 3.7 pct. in Oct, 1st fall in 3 months

Tokyo - Xinhua

Japan\'s exports fell 3.7 percent in October from a year earlier, marking the first decline in three months, the Ministry of Finance said in a preliminary report on Monday. The drop in exports compared to a median market forecast for a 0.3 percent decline and comes on the back of a 2.3 percent increase booked in September, the ministry\'s data showed. According to the official government statistics, the value of exports totaled 5,512.8 billion yen (71.68 billion U.S. dollars) in the recording period, while that of imports rose 17.9 percent in October from a year earlier to 5,786.6 billion yen. The trade deficit stood at 273.8 billion yen in the balance of goods trade, the ministry\'s data showed, compared with a median market forecast of a 39.9 billion yen surplus and marking the first trade deficit in two months. Japan\'s key export sector has been adversely affected by a persistently strong yen as in times of economic uncertainty investors view the Japanese currency as a safe haven, while short- term speculators look to the yen to secure quick gains, driving up the currency in money markets versus its major counterparts. In addition, debt contagion in the eurozone has seen the euro drop against the yen, against a backdrop of global economic malaise, and Japanese exporters see their overseas profits eroded when repatriated when the yen is strong and battle to remain competitive on a global stage. Manufacturers here reliant on shipping goods overseas have begun an exodus to developing economies where parts and labor costs are more economical, which is also adding downward pressure to Japan\'s key export sector and economy. Japanese Prime Minister Yoshihiko Noda and Finance Minister Jun Azumi have both described this phenomena as a \"hollowing out\" of Japan\'s economy. Recent flooding in Thailand has also been to the detriment of Japanese exporters, as global supply chains have been hit by parts shortages following the shuttering of factories in Thailand and the subsequent fall in production thereafter. The Ministry of Finance on Monday also noted that Japan\'s exports to Asia, which comprise more than half of the nation\'s total exports, dropped 6.6 percent in the recording period and exports to the United States fell 2.3 percent in October from a year earlier.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s exports fall 37 pct in oct 1st fall in 3 months Arab Today, arab today japan\s exports fall 37 pct in oct 1st fall in 3 months

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s exports fall 37 pct in oct 1st fall in 3 months Arab Today, arab today japan\s exports fall 37 pct in oct 1st fall in 3 months

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today US-made bomb used in fatal strike

GMT 10:16 2017 Saturday ,23 September

US-made bomb used in fatal strike
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday