TOKYO, June 20: Japan’s exports fell 11.3 percent in May from a year earlier, Ministry of Finance data showed on Monday, as a strong yen and lacklustre growth in emerging markets curb demand for Japanese goods. The fall was more than a 10.4 percent decrease expected by economists in a Reuters poll. It followed a 10.1 percent year-on-year decline in April. Imports fell 13.8 percent, matching the median estimate. The trade balance came to a deficit of 40.7 billion yen $389.10 million, versus the median estimate for a 40.0 billion yen surplus. (AGENCIES)
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