Japan posts record $27 bn January trade deficit | Bangkok Post: news

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Japan posts monthly record trade deficit

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Japan posted a monthly record trade deficit of $27.3 billion in January, data showed Thursday, as a weak yen pushed up post-Fukushima energy costs, despite upbeat exports to the US, China and Europe. 

Shipping containers are loaded onto an international freighter at the international cargo terminal in Tokyo on January 27, 2014

The country's trade deficit ballooned to 2.79 trillion yen ($27.3 billion), up 70.8 percent from a year earlier, the finance ministry said.

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