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View Full Version : Japanfs trade surplus shrinks 60% in January



Maciamo
Feb 24, 2005, 12:00
Just a quick yupdate on the economic situation.

Financial Times : Japanfs trade surplus shrinks 60% in January (http://news.ft.com/cms/s/3ddf10c2-8532-11d9-a172-00000e2511c8.html)


Japanfs trade surplus shrank sharply in January, providing little evidence of the hoped-for improvement in exports that is needed to reignite the stalled economic recovery.

A 60 per cent fall in the trade surplus from a year earlier to Y201bn (US$1.93bn) partly reflected higher commodity prices and greater demand for imported products, itself a fairly healthy sign.