Japan Records First Trade Deficit in Three Months
The Finance Ministry, in a preliminary report, said exports climbed 16.8 percent year on year to 9.19 trillion yen, a sharp acceleration from the 5.1 percent gain posted in the previous month — signaling robust overseas demand for Japanese goods.
Imports, however, moved in the opposite direction, contracting 2.5 percent annually to 10.34 trillion yen. The decline marked a stark reversal from the 5.3 percent rise recorded in the prior month.
The resulting deficit — Japan's first in three months — highlights the complex interplay between a strengthening export sector and shifting domestic import dynamics, as the world's fourth-largest economy navigates an uneven global trade environment.
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