Description
The Japan Import Value: Month-over-Month (MoM) Change is released by the Ministry of Finance (MOF). This indicator measures the percentage change in the total value of goods imported by Japan compared to the previous month. It is used to gauge domestic demand for foreign goods and services, providing insights into economic activity and consumer spending. Higher-than-expected growth can indicate robust domestic demand, while lower-than-expected growth or a decline might suggest weakening demand.
The data is updated monthly and is typically released around the middle of the following month.