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Japan Posts Largest Monthly Trade Deficit On Record

Feb 20, 2014, 05:24 IST

Kusakabe via www.flickr.com creative commons

Japan had a 2.79 trillion yen trade deficit in January, which was wider than the 2.49 trillion yen expected by economists.

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This was the larges monthly deficit on record, reports Bloomberg.

Exports during the monthy climbed 9.5%, which was lower than the 12.7% expected.

More to come...

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