February 20, 2013 at 07:15 AM EST
Japan Trade Deficit Hits Record as Yen Inflates Imports
The old J curve as previously discussed. Japan Trade Deficit Hits Record as Yen Inflates Imports: Economy By James Mayger and Andy Sharp Feb 20 (Bloomberg) — (Bloomberg) Japan’s trade deficit swelled to a record 1.63 trillion yen ($17.4 billion) on energy imports and a weaker yen, highlighting one cost of Prime Minister Shinzo Abe’s [...]

The old J curve as previously discussed.

Japan Trade Deficit Hits Record as Yen Inflates Imports: Economy

By James Mayger and Andy Sharp

Feb 20 (Bloomberg) — (Bloomberg) Japan’s trade deficit swelled to a record 1.63 trillion yen ($17.4 billion) on energy imports and a weaker yen, highlighting one cost of Prime Minister Shinzo Abe’s policies that are driving down the currency.

Exports climbed 6.4 percent in January from a year earlier, the first rise in eight months, exceeding the median 5.6 percent estimate in a Bloomberg News survey of 24 economists. Imports increased 7.3 percent, the Finance Ministry said in Tokyo today.

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