Global Economic News

Japan Trade Gap Narrows In December

Japan's trade deficit narrowed to a five-month low in December but the whole year shortfall was the biggest on record, official data revealed Thursday.

Exports increased 11.5 percent on a yearly basis in December, slower than the 20.0 percent rise in November, the Ministry of Finance reported. The annual growth was forecast to slow more markedly to 10.1 percent.

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by Renju Jaya

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