Japan Trade Surplus Off 36%; Imports Cited
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Associated Press
TOKYO — Japan’s unadjusted trade surplus fell 36% in November from year-earlier levels, the seventh straight month that the country’s surplus has fallen, the Finance Ministry said today.
A ministry official attributed the decline to the sharp increase in imports and slowed-down increase in exports that resulted from the Japanese yen’s sharp rise against the U.S. dollar.
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