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The Independent UK
The Independent UK
National
Yuri Kageyama

Japan racks up trade deficit as exports, imports hit records

Copyright 2022 The Associated Press. All rights reserved.

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.

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