Connect with us

Business

Japan’s exports point to biggest monthly gain since 1980: Reuters poll By Reuters

Published

on

Japan’s exports point to biggest monthly gain since 1980: Reuters poll By Reuters
© Reuters. FILE PHOTO: Shipping containers at a port in Tokyo, Japan, on March 22, 2017. REUTERS / Issei Kato

TOKYO (Reuters) – Japan’s exports probably posted their biggest monthly increase in four decades in May, a Reuters poll showed on Friday, but the flattering milestone largely reflected a rebound in shipments from the fall fueled by the US pandemic. last year.

Globally, policymakers are closely monitoring the extent of the underlying demand recovery as COVID-19 vaccines have improved economic conditions in some key economies.

A marked recovery in Japan’s exports and production due to rising global demand has helped its economy offset lackluster conditions in the country, after the government recently extended emergency coronavirus restrictions in Tokyo and other areas. important.

Key data next week includes machinery orders and consumer prices, as well as a Bank of Japan policy meeting.

Exports likely soared 51.3% in May compared to the same month a year earlier, the survey of 17 economists showed.

That would mark the steepest monthly increase since April 1980, when shipments jumped 51.4%, said a finance ministry official. The annual rebound in exports largely reflected the pull-back effect of the 28.3% drop in May 2020.

Imports were forecast to increase 26.6% year-on-year in May, resulting in a trade deficit of 91.2 billion yen ($ 833.7 million).

“Exports in May … probably posted a bigger gain than the previous month,” said Kenta Maruyama, an economist at Mitsubishi UFJ (NYSE 🙂 Research and Consulting.

“On a seasonally adjusted (month-to-month) basis, they probably declined slightly, although overall demand for capital investment remains high.”

The Finance Ministry announces trade data at 8:50 am Wednesday (2350 GMT Tuesday).

Basic machinery order data, which excludes ships and electrical services, is also scheduled to be released on Wednesday.

The survey showed that basic machinery orders in April were likely up 8.0% year-on-year and up 2.7% from the previous month.

The core consumer price index (CPI), which includes petroleum products but excludes volatile fresh food prices, is expected to have risen 0.1% in May compared to the same month a year earlier, according to the Reuters poll.

That would mark the first month of year-on-year price growth since March of last year.

The survey also showed that the Bank of Japan is expected to maintain its policy interest rate at minus 0.1% and the 10-year Japanese government debt yield target at around 0% at its 17-17 policy meeting. to June 18.

($ 1 = 109.3900 yen)

Disclaimer: Fusion Media I would like to remind you that the data contained in this website is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges, but by market makers, so the prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not appropriate for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur as a result of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any responsibility for loss or damage as a result of reliance on information, including data, quotes, charts, and buy / sell signals contained on this website. Be fully informed about the risks and costs associated with trading the financial markets, it is one of the riskiest forms of investment possible.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement
Advertisement

Lifestyle

32 cute summer date ideas for every type of couple 32 cute summer date ideas for every type of couple
LifeStyle18 mins ago

32 cute summer date ideas for every type of couple

A big date is always in style, but there is something about the summer that makes planning a meeting even...

15 naturally sweetened desserts for when you’re cutting back on sugar 15 naturally sweetened desserts for when you’re cutting back on sugar
LifeStyle16 hours ago

15 naturally sweetened desserts for when you’re cutting back on sugar

About a year ago, I realized (or just came out of denial …) that I needed to do something about...

What are carbohydrates?  Are they really the enemy?  Let’s find out What are carbohydrates?  Are they really the enemy?  Let’s find out
LifeStyle17 hours ago

What are carbohydrates? Are they really the enemy? Let’s find out

Editor’s note: McKel Hill, MS, RDN, LDN is a dietitian and founder of Nutrition stripped away. Over the years, I...

Pea salad with mint and microgreens Pea salad with mint and microgreens
LifeStyle17 hours ago

Pea salad with mint and microgreens

** This recipe is from our Tastemakers interview with Kennesha Buycks. Read the full story here! ** The Pea Salad...

Roasted Mushrooms with Thyme and Smoked Salt Roasted Mushrooms with Thyme and Smoked Salt
LifeStyle17 hours ago

Roasted Mushrooms with Thyme and Smoked Salt

** This recipe is from our Tastemakers interview with Kennesha Buycks. Read the full story here! ** The post Roasted...

Roasted Mushrooms with Thyme and Smoked Salt Roasted Mushrooms with Thyme and Smoked Salt
LifeStyle18 hours ago

Roasted Mushrooms with Thyme and Smoked Salt

** This recipe is from our Tastemakers interview with Kennesha Buycks. Read the full story here! ** The post Roasted...

15 quick and healthy dinner recipes to get you through the week 15 quick and healthy dinner recipes to get you through the week
LifeStyle18 hours ago

15 quick and healthy dinner recipes to get you through the week

Even the most avid home cooks can occasionally go blank – sometimes, you fall into a race and just can’t...

Instagram store M’sian selling homemade tahini cookies Instagram store M’sian selling homemade tahini cookies
LifeStyle1 day ago

Instagram store M’sian selling homemade tahini cookies

With many IG companies popping up these days, fresh, locally made cookies from various recipes are one of the things...

Dinner will resume on June 21, but with a limit of just two people Dinner will resume on June 21, but with a limit of just two people
LifeStyle1 day ago

Dinner will resume on June 21, but with a limit of just two people

The Ministry of Health (MOH) announced last Thursday (June 10) that Singapore is moving into Phase 3 (Heightened Alert). While...

Moving on to pizza deliveries during MCO Moving on to pizza deliveries during MCO
LifeStyle1 day ago

Moving on to pizza deliveries during MCO

Crackhouse Comedy Club (Crackhouse) has been home to local comedians, including Dr. Jason Leong, Joanne Kam, Hannah Azlan, and Kavin...

Advertisement

Sport

‘Composed’ LeBron López proved he belongs to Gilas, says Tab ‘Composed’ LeBron López proved he belongs to Gilas, says Tab
Sports14 mins ago

‘Composed’ LeBron López proved he belongs to Gilas, says Tab

Francis “LeBron” Lopez made his Gilas vs. Indonesia debut. PHOTO OF THE FIBA ​​ASIA CUP MANILA, Philippines – Francis “LeBron”...

Anderson hits the puck into the open net with a pass from Byron for the winner of overtime Anderson hits the puck into the open net with a pass from Byron for the winner of overtime
Sports35 mins ago

Anderson hits the puck into the open net with a pass from Byron for the winner of overtime

var adServerUrl = “”; var $ el = $ (“# video_container-990587”); var permalink = $ el.closest (‘. snet-single-article’). data (‘permalink’);...

Bradley Beal and Devin Booker commit to Team USA. Bradley Beal and Devin Booker commit to Team USA.
Sports57 mins ago

Bradley Beal and Devin Booker commit to Team USA.

FILE – Devin Booker # 31 of the United States drives to the basket against Khris Middleton # 54 of...

Canadiens’ composure showed in Game 3 win over Golden Knights Canadiens’ composure showed in Game 3 win over Golden Knights
Sports1 hour ago

Canadiens’ composure showed in Game 3 win over Golden Knights

We have sent an email with instructions to create a new password. Your current password has not been changed. We...

After giving it his all, Junna Tsukii apologizes for the failed Olympic bid After giving it his all, Junna Tsukii apologizes for the failed Olympic bid
Sports2 hours ago

After giving it his all, Junna Tsukii apologizes for the failed Olympic bid

Junna Tsukii of the Philippines celebrates her gold medal in the women’s Karatedo-50 kg of the 30 Southeast Asian Games....

Anderson’s appearance came at the right time for Canadians Anderson’s appearance came at the right time for Canadians
Sports2 hours ago

Anderson’s appearance came at the right time for Canadians

We have sent an email with instructions to create a new password. Your current password has not been changed. We...

Gilas to show that Korea wins is not a fluke;  Tab fires again at the ‘lucky break’ comment Gilas to show that Korea wins is not a fluke;  Tab fires again at the ‘lucky break’ comment
Sports2 hours ago

Gilas to show that Korea wins is not a fluke; Tab fires again at the ‘lucky break’ comment

Gilas Pilipinas in the 2021 Fiba Asia Cup qualifiers. PHOTO OF THE FIBA ​​ASIA CUP MANILA, Philippines – Gilas Pilipinas...

Price and Weber talk about bouncing back and taking Game 3 in overtime Price and Weber talk about bouncing back and taking Game 3 in overtime
Sports3 hours ago

Price and Weber talk about bouncing back and taking Game 3 in overtime

We have sent an email with instructions to create a new password. Your current password has not been changed. We...

Who is Terance Mann?  Clippers point guard becomes a scoring machine in Game 6 win over Jazz Who is Terance Mann?  Clippers point guard becomes a scoring machine in Game 6 win over Jazz
Sports3 hours ago

Who is Terance Mann? Clippers point guard becomes a scoring machine in Game 6 win over Jazz

The Clippers leading scorer what. . . Who? That’s the question many casual basketball fans will ask themselves after looking...

Filipino shooter Jayson Valdez gets a place at the Tokyo Olympics Filipino shooter Jayson Valdez gets a place at the Tokyo Olympics
Sports3 hours ago

Filipino shooter Jayson Valdez gets a place at the Tokyo Olympics

MANILA, Philippines – A second-generation shooter came to Team Philippines bound for the Tokyo Olympics and was awarded a free...

Advertisement

Entertainment

‘I Love My Dad’ Wraps;  ‘Bad Detective’ and ‘A Rising Tide’ Deals – Movie Summaries – News Block ‘I Love My Dad’ Wraps;  ‘Bad Detective’ and ‘A Rising Tide’ Deals – Movie Summaries – News Block
Entertainment2 hours ago

‘I Love My Dad’ Wraps; ‘Bad Detective’ and ‘A Rising Tide’ Deals – Movie Summaries – News Block

Patton Oswalt stars and stars alongside screenwriter / director James Morosini in I love my dad, a comedy-drama that just...

Black Widow’s David Harbor Teases Red Guardian vs. Captain America Story – News Block Black Widow’s David Harbor Teases Red Guardian vs. Captain America Story – News Block
Entertainment2 hours ago

Black Widow’s David Harbor Teases Red Guardian vs. Captain America Story – News Block

Warning: the following contains spoilers about Black widow opening on July 9 In the upcoming and highly anticipated Disney /...

KUWTK: Kim Kardashian Claims She And Kanye West Have ‘Amazing Co-Parenting Relationship’ KUWTK: Kim Kardashian Claims She And Kanye West Have ‘Amazing Co-Parenting Relationship’
Entertainment3 hours ago

KUWTK: Kim Kardashian Claims She And Kanye West Have ‘Amazing Co-Parenting Relationship’

Kim kardashian became sincere about her current position Kanye west following their separation! Look what she had to say! During...

Teigen Bullying Led ‘Project Runway’ Star To Consider Suicide: Claim – News Block Teigen Bullying Led ‘Project Runway’ Star To Consider Suicide: Claim – News Block
Entertainment3 hours ago

Teigen Bullying Led ‘Project Runway’ Star To Consider Suicide: Claim – News Block

UPDATED at 5:40 pm: Chrissy Teigen had strong words for the designer and ex Catwalk project contestant Michael Costello. Costello...

Heidi Klum poses topless and packs the PDA with her husband Tom Kaulitz on the beach – look at the romantic photo! Heidi Klum poses topless and packs the PDA with her husband Tom Kaulitz on the beach – look at the romantic photo!
Entertainment4 hours ago

Heidi Klum poses topless and packs the PDA with her husband Tom Kaulitz on the beach – look at the romantic photo!

Heidi klum other Tom kaulitz They have been husband and wife for the past two years and it seems they...

Bill Maher on Lin-Manuel Miranda’s ‘In the Heights’ Controversy – News Block Bill Maher on Lin-Manuel Miranda’s ‘In the Heights’ Controversy – News Block
Entertainment4 hours ago

Bill Maher on Lin-Manuel Miranda’s ‘In the Heights’ Controversy – News Block

Bill Maher had some advice for Lin-Manuel Miranda on Friday. “Stop apologizing,” Maher said of Miranda’s reaction to criticism that...

Soulja Boy flirts with Kim Kardashian under sensuality and revealing new photos! Soulja Boy flirts with Kim Kardashian under sensuality and revealing new photos!
Entertainment4 hours ago

Soulja Boy flirts with Kim Kardashian under sensuality and revealing new photos!

Kim kardashian She is in the middle of her divorce from her children’s father, rapper Kanye West, but it seems...

Disneyland Annual Pass Replacement with Membership Program – News Block Disneyland Annual Pass Replacement with Membership Program – News Block
Entertainment5 hours ago

Disneyland Annual Pass Replacement with Membership Program – News Block

In the months since Disneyland announced that it will end its annual pass program, frequent park visitors have worried about...

KUWTK: Kylie Jenner and Travis Scott are said to have a very complex relationship! KUWTK: Kylie Jenner and Travis Scott are said to have a very complex relationship!
Entertainment5 hours ago

KUWTK: Kylie Jenner and Travis Scott are said to have a very complex relationship!

Amid new speculation that Kylie jenner other Travis scott they are together again as a couple, one informant claims to...

James Gunn has created a Marvel and DC crossover in both studios James Gunn has created a Marvel and DC crossover in both studios
Entertainment5 hours ago

James Gunn has created a Marvel and DC crossover in both studios

Suicide squad other Guardians of the Galaxy Director James Gunn recently shared that he brought up the idea of ​​doing...

Advertisement

Tech

Inside the ‘deadly serious’ world of esports in South Korea Inside the ‘deadly serious’ world of esports in South Korea
Tech1 hour ago

Inside the ‘deadly serious’ world of esports in South Korea

SEOUL – The students ate lunch in silence before gathering in a dimly lit room filled with high-powered computers. There,...

Maybe we can manifest our way to a pink iPhone 13. What do you think, Apple? Maybe we can manifest our way to a pink iPhone 13. What do you think, Apple?
Tech2 hours ago

Maybe we can manifest our way to a pink iPhone 13. What do you think, Apple?

This depiction of a pink iPhone 13 was posted on Instagram before going viral on Twitter. @ aliartist3d IPhone 13...

Best Mac Mini Deals: Up to $ 100 Off M1 Models Best Mac Mini Deals: Up to $ 100 Off M1 Models
Tech4 hours ago

Best Mac Mini Deals: Up to $ 100 Off M1 Models

If you are already using iPhone and iPad devices and are familiar with Apple services, it makes sense to get...

Don’t pay full price for your MacBook Air M1 this Prime Day Don’t pay full price for your MacBook Air M1 this Prime Day
Tech5 hours ago

Don’t pay full price for your MacBook Air M1 this Prime Day

It’s a great time of year to think about your next big tech purchase with Amazon Prime Day just around...

Rose Byrne’s new drama series ‘Physical’ debuts on Apple TV + Rose Byrne’s new drama series ‘Physical’ debuts on Apple TV +
Tech5 hours ago

Rose Byrne’s new drama series ‘Physical’ debuts on Apple TV +

“Physical,” the new drama series starring Rose Byrne, premiered on Apple TV +. The series follows the story of Sheila...

The Jonas Brothers Help Promote Apple Music’s Spatial Audio With ‘Happiness Begins’ The Jonas Brothers Help Promote Apple Music’s Spatial Audio With ‘Happiness Begins’
Tech5 hours ago

The Jonas Brothers Help Promote Apple Music’s Spatial Audio With ‘Happiness Begins’

Apple Music continues to expand its song library with Spatial Audio and now you can listen to the Jonas Brothers...

Google Doodle commemorates June 19 and the abolition of slavery in the US. Google Doodle commemorates June 19 and the abolition of slavery in the US.
Tech6 hours ago

Google Doodle commemorates June 19 and the abolition of slavery in the US.

Google’s 19th Doodle features images of past and present celebrations. Google In 1865, Union troops arrived in Texas to inform...

Prime Day could be your last chance to make big savings on these MacBook Pro models Prime Day could be your last chance to make big savings on these MacBook Pro models
Tech6 hours ago

Prime Day could be your last chance to make big savings on these MacBook Pro models

If you’re looking to save on an Apple device, it’s generally a good idea to look at a product from...

Tears of Themis is a strange and potentially amazing romantic detective game for iOS and you can pre-order it now Tears of Themis is a strange and potentially amazing romantic detective game for iOS and you can pre-order it now
Tech6 hours ago

Tears of Themis is a strange and potentially amazing romantic detective game for iOS and you can pre-order it now

Tears of Themis, a new romance detective game courtesy of miHoYo Limited, will be available for download from the App...

You can download Frenzic: Overtime for free on Apple Arcade today. You can download Frenzic: Overtime for free on Apple Arcade today.
Tech7 hours ago

You can download Frenzic: Overtime for free on Apple Arcade today.

Players can now download the new Apple Arcade game Frenzic: Overtime from the App Store after launch day. Finally rolled...

Advertisement
Advertisement