Japan's trade deficit for October worse-than-expected

FXstreet.com (Barcelona) - Japan's October trade balance came at Y -1090.7bn vs Y -854.2bn expected and last reading of Y -934.3bn (revised from 932.1bn), with the adjusted number standing at Y -1072.5bn vs Y – 875.5bn expected and Y -1091.3bn last. Meanwhile, exports rose by +18.6% y/y (highest growth pace since mid 2010) vs +16.2% y/y expected and +11.5% y/y last. Imports, however, saw a significant increase of +26.1% y/y vs +19.0% expected and +16.5% y/y last.