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

Exports climbed 19.3%, while imports spiked 25.3% compared to June last year.

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

The Bank of Japan is widely expected to leave interest rates unchanged. Read more at straitstimes.com. Read more at straitstimes.com.

Tokyo, July 22 (Jiji Press)--Japan's customs-cleared trade deficit more than halved in the first half of this year as the country's oil imports from the Middle East decreased…

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

Japan's June imports hit a record 11.3 trillion yen as oil prices surged 59.3%, widening the trade deficit and complicating BOJ monetary policy