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The Economic Times

National

Japan's exports and imports grow as yen weakens

Japan Deficit Oil United States Semiconductor

TOKYO: Japan recorded a trade deficit in June, according to government data released Wednesday, as the higher price of oil imports helped cause the second straight month of red ink.

Japan 's trade deficit totaled 406.9 billion yen ($2.5 billion) in June, the Ministry of Finance reported, a reversal from the 122 billion yen surplus recorded a year ago.

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