The Index displays the volume of exported from Japan vehicles. Since the current export article is one of the leading in general volume of manufactured production (exported from Japan), the market pays great attention to this indicator.
Autos export is considered to be one of the most substantial articles concerning incomes in Japanese budget and it also a constituent part of country’s trade balance; the market takes into account this indicator while estimating future data concerning Trade Balance and GDP.
The Japanese yen’s reaction to the publication of this indicator is medium.
