Japan’s trade deficit reached record high level of 1.48 trillion yen in January.
The Finance Ministry announced today that exports fell by 9.3% and imports rose 9.8%. Strong yen was an additional factor in gap widening.
Country is also still in process of recovering after tsunami.
Analysts expected trade deficit at 1.46 trillion yen in January.
Japanese yen was traded at 79.68 against US dollar after data release.
MegaTraderFX - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.
All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. MegaTraderFX bears no responsibility for any trading losses you might incur as a result of using any data within the MegaTraderFX.
