Wednesday, June 20, 2007

Japan's May Trade Surplus Widens 9.3 Percent as Export Growth Accelerates

(Bloomberg) -- Japan's trade surplus widened in May
as export growth accelerated, indicating the slump in U.S.
demand that cooled shipments in April was temporary.

The surplus rose 9.3 percent to 389.5 billion yen ($3.2
billion) from a year earlier, the Ministry of Finance said today
in Tokyo. The median estimate of 36 economists surveyed by
Bloomberg News was for the surplus to widen to 462.7 billion yen.


Read more at Bloomberg Bonds News

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