Japan posts record first-half trade deficit | Pakistan Today

Japan posts record first-half trade deficit

Japan Wednesday posted a record trade deficit of about $37.3 billion in the first half of the year as soaring energy costs weighed on the world’s third-largest economy and key European exports slumped. The finance ministry said the country saw a shortfall of about 2.9 trillion yen ($37.3 billion) in the first six months of 2012.



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