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The Independent UK
The Independent UK
National
Yuri Kageyama

Japan reports record exports and imports for July as energy costs climb

Japan Deficit
Japan Economy - (Takuto Kaneko/Kyodo News via AP)

Japan’s imports and exports set records in July and soaring energy costs and a weak yen helped extend a trade deficit for a third month, government data showed.

Japan's trade deficit totaled 634.5 billion yen ($4 billion) last month, marking the third straight month of red ink, the Finance Ministry said in a preliminary report Thursday.

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