Japan Logs Record Trade Deficit for April-September


(MENAFN- QNA) Japan logged a record deficit of 5,427.1 billion yen in goods trade for the first half of fiscal 2014, against a backdrop of continuous rises in fossil energy imports amid the prolonged halt in nuclear power plant operations, the government said Wednesday.

The deficit expanded 8.6% from a year earlier to the largest amount for the April-September period since comparable data became available in 1979, as the value of imports increased 2.5% to 41,324.0 billion yen, the Finance Ministry said in a preliminary report, Japan's News Agency (Kyodo) reported.

Imports of liquefied natural gas and petroleum products gained 8.7% and 7.6%, respectively.


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