Wednesday, February 18, 2015

Japan’s trade deficit halved – Västerbotten Courier

Japan's trade deficit halved – Västerbotten Courier

As a result of stronger exports and falling oil prices, the Japanese trade deficit more than halved compared to January last year, according to official figures from Tokyo.

The deficit decreased to 1.18 trillion yen – compared with 2.8 trillion yen last year, which was then the worst record for a single month, according to the country’s finance ministry.

The overall increase in exports in January with 17.0 percent, while imports fell 9.0 percent.

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