Japan's Trade Surplus in November

Japan's Finance Ministry reported a significant turnaround in the country's trade balance, with a surplus of ¥97.9 billion in November. This marks a stark contrast to the ¥155.7 billion deficit recorded in October, showcasing a robust recovery in Japan's trade dynamics.

Exports and Imports Trends

Exports saw a year-on-year increase of 2.8%, signaling a positive shift in global demand for Japanese goods. On the other hand, imports continued their downward trend, decreasing by 5.7% compared to the same period last year. This is the second consecutive month of declining imports, reflecting adjustments in domestic consumption and possibly lower energy prices.