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Japan racks up trade deficit as exports, imports hit records

Por: WPLG Local 10 Politics November 17, 2022

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TOKYO – Japan marked a trade deficit for the 15th month in a row in October, as both imports and exports reached record highs amid the soaring costs of energy and food and a drooping yen. The deficit, at 2.16 trillion yen ($15 billion), was the highest for the month of October since comparable data was first compiled in 1979, the Finance Ministry said Thursday. The huge deficit came despite a solid growth in exports, which rose 25.3% last... + full article



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