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Japan February Trade Surplus Up 0.9 Pct.



25 March 2008 @ 09:12 pm EST

TOKYO (AP) - Japan's trade surplus in February rose 0.9 percent from a year earlier, marking the first increase in four months, the Finance Ministry said Wednesday.

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The surplus rose to 970 billion yen ($9.69 billion), and the figures were below the 16.8 percent rise to 1.123 trillion yen ($11.22 billion) expected by economists surveyed by Dow Jones and Nikkei.

Overall imports rose 10.1 percent to 6.01 trillion yen ($60.06 billion), while exports rose 8.7 percent to 6.98 trillion yen ($69.76 billion).

Japan's trade surplus with the U.S. fell 13.3 percent to 696.9 billion yen ($6.96 billion), marking the sixth straight month of decline.

The trade surplus with Asian nations including China jumped 104.8 percent to 922.2 billion yen ($9.22 billion), rising seven months in a row.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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