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Japan announced a trade surplus decline.

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It was the first drop in two years and two months, the government said. The Finance Ministry announced a trade surplus of $6.409 billion in May, down from $7.533 billion in May, 1986, and $7.565 billion last April. It was the first year-on-year drop since March, 1985, when the trade surplus slipped to $3.170 billion from $3.195 billion in March, 1984.

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