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The Independent UK
The Independent UK
National
Yuri Kageyama

Japan records trade deficit for the fourth month straight despite export recovery

Brazil G20 Summit - (Copyright 2024 The Associated Press. All rights reserved)

Japan racked up a trade deficit in October for for a fourth straight month as a weak yen and the rising price of energy kept import costs high.

The trade deficit, which amounts to a nation’s imports subtracted from its exports, totaled 461 billion yen ($3 billion) in red ink last month, the Finance Ministry reported Wednesday.

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