Japan's trade deficit more than quadrupled in June from a year ago as the country logged another dip in exports, extending a string of monthly shortfalls to two years, data showed Thursday.
The deficit stood at 822.2 billion yen ($8.1 billion) in June, ballooning from a year-earlier deficit of 180.5 billion yen and blowing past market expectations for a deficit of 684.7 billion yen.
Exports fell 2.0 percent year-on-year to 5.94 trillion yen while imports rose 8.4 percent to 6.76 trillion yen.
Japan's imports have jumped in the wake of the Fukushima nuclear accident in 2011 when the country shut down its atomic reactors and turned to pricey fossil-fuel imports to plug its energy gap.
Nuclear once supplied more than one quarter of the resource-poor country's energy.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor