Japan posts record trade gap for January

02/20/2013 | Japan Daily Press, The · Yomiuri Shimbun (Japan)

A declining yen that boosted Japan's import prices led to a January trade deficit of ¥1.63 trillion, the worst ever for the month since comparable records began in 1979. The gap came despite a 6.4% year-on-year gain in exports. Separately, Japan's composite index of coincident economic indicators rose 2.4 points in December from the previous month, a downward revision from the original 2.5-point estimate.

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Japan Daily Press, The · Yomiuri Shimbun (Japan)

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