Wednesday, February 19, 2014

Japan posts record $27 bn January trade deficit

Japan posted a monthly record trade deficit of $27.3 billion in January, data showed Thursday, as a weak yen pushed up post-Fukushima energy costs, despite upbeat exports to the US, China and Europe. The country's trade deficit ballooned to 2.79 trillion yen ($27.3 billion), up 70.8 percent from a year earlier, the finance ministry said. The growing imbalance was stoked by a 25 percent jump in ...



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