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Japan swung to a trade deficit of ¥82.6B ($1.02B) in March from surpluses of ¥170.9B a...

Japan swung to a trade deficit of ¥82.6B ($1.02B) in March from surpluses of ¥170.9B a year earlier and ¥29.3B in February. The forecast was for a ¥223.1B deficit. Exports +5.9% Y/Y to ¥6.20T vs. consensus of -2.4%, boosted by the weaker yen, and increased demand from the U.S. for automobiles and parts. Imports +10.5%.
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