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Japan Has Y569.659 Billion Deficit In August

17th Sep 2015 00:15

TOKYO (Alliance News) - Japan had a merchandise trade deficit of 569.659 billion yen in August, the Ministry of Finance said on Thursday.

That missed forecasts for a shortfall of 542.5 billion yen following the 268.4 billion yen deficit in July.

Exports gained 3.1% on year, shy of forecasts for an increase of 4.4% and down from the 7.6% jump in the previous month.

Imports dipped an annual 3.1% versus expectations for a fall of 2.5% following the 3.2% contraction a month earlier.

Copyright RTT News/dpa-AFX

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