Japan Trade Deficit Widens to Record as Import Costs Jump

Japan's trade deficit widened to a record in January as surging import costs weigh on Prime Minister Shinzo Abe's campaign to drive a sustained recovery. The shortfall of 2.79 trillion yen ($27.3 billion) reported today by the Ministry of Finance in Tokyo was more than the 2.49 trillion yen median estimate in a Bloomberg News survey of 28 economists. The trade deficit contributed to Japan's ...



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