Japan logs $8.1 billion trade deficit in February
- Published: 21 Mar 2013 at 08.49
- Online news: World
Japan logged another trade deficit in February, this time of $8.1 billion according to the latest figures, reversing a year-earlier surplus and underscoring the uncertain state of the world's third-largest economy.
A truck leaves a container yard at the international cargo terminal in Tokyo, on February 20, 2013. Japan logged a trade deficit of $8.1 billion in February, reversing a year-earlier surplus as a weaker yen pushed import costs up, according to the latest government data.
The figures also highlight the size of the task ahead for Prime Minister Shinzo Abe's government, which has pledged to turn around Japan's fortunes with big public spending and by pressuring the nation's central bank for more aggressive monetary policy.
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