Japan Trade Surplus Off 36%; Imports Cited
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.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
