TOKYO (Reuters) - Japan’s exports rose 0.6 percent in September from a year earlier, much slower than the prior month’s gains, reflecting a slowdown in top trading partner China, Ministry of Finance data showed on Wednesday.
The annual rise was less than a 3.4 percent gain expected by economists in a Reuters poll, and followed a 3.1 percent growth in the previous month.
Imports fell 11.1 percent in the year to September, versus economists’ median estimate for an 11.7 percent annual decline.
The trade balance came to a deficit of 114.5 billion yen ($955.60 million), compared with a surplus of 84.4 billion yen seen by economists.
Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim