Japan Logged 15.47 Billion USD Trade Deficit In Oct
TOKYO, Nov 17 (NNN-NHK) – Japan logged a 2.16 trillion yen (15.47 billion U.S. dollars) trade deficit in Oct, a record for the month, and marking a 15th straight month of red ink, as prices for energy and raw material imports soared, amid the yen’s steep decline, the government said here today.
According to the Finance Ministry, the country’s imports rocketed 53.5 percent from a year earlier, to 11.16 trillion yen (79.98 billion U.S. dollars), the highest since record keeping began, pushed up by rising costs for crude oil, liquefied natural gas and coal.
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