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Japanese exports decreased by 1.7% year-on-year in September, marking the first drop in 10 months, according to data from the Ministry of Finance released on Thursday. This result was lower than the 0.5% increase that economists had anticipated in a Reuters poll. On the other hand, imports grew by 2.1% in September compared to a year ago, falling short of the 3.2% increase expected by economists. This resulted in a trade balance deficit of 294.3 billion yen ($1.97 billion), exceeding the forecasted deficit of 237.6 billion yen.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.