Japan August trade deficit falls 40% to ¥569bn

GMT 00:19 2015 Thursday ,17 September

Arab Today, arab today Japan August trade deficit falls 40% to ¥569bn

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Japan's trade deficit fell 40 percent in August from a year earlier due to a slump in the value of oil imports, finance ministry data showed on Thursday.

The deficit fell to 569.7 billion yen ($4.73 billion) compared to 953.2 billion yen in August 2014, ministry data showed. The value of exports rose 3.1 percent, while imports fell by the same amount.

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