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Japan Logs 378.6-B.-Yen Trade Deficit in May
Tokyo, June 17 (Jiji Press)--Japan logged a customs-cleared trade deficit of 378.6 billion yen in May, slipping back into the red as costly replacement purchases of crude oil and naphtha boosted the value of imports amid Middle East tensions, the Finance Ministry said in a
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straitstimes.com
Japan’s trade balance swings to deficit as yen inflates value of imports
A weaker yen makes it more expensive to import materials including energy resources. Read more at straitstimes.com. Read more at straitstimes.com.
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apnews.com
Japan's exports jump 17% in May, but it logs a deficit as imports surge
Japan has reported a $2.4 billion trade deficit in May even though its exports surged 17% from a year earlier.
