Japan’s Trade Gap Hits Record on Commodities Impact, Weak Yen | Promax Trading

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Japan’s Trade Gap Hits Record on Commodities Impact, Weak Yen

Adjusted deficit widens to 2.13 trillion yen on import jump

Energy items including crude oil, coal led import gains

The trade deficit widened to 2.13 trillion yen ($15.9 billion) on a seasonally adjusted basis, the finance ministry reported Wednesday, extending the sequence of shortfalls to a 14th month. The trade balance has been in the red for the longest continuous streak since 2015.

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