Japan trade deficit hits new high on fuel imports
Japan's trade deficit surged to a record high in January as a strong yen hurt exports and its nuclear crisis resulted in increased fuel imports.
The deficit stood at 1.5tn yen ($19bn; 12bn) as exports dipped 9.3% from a year earlier, while imports rose 9.8%.
Fuel imports went up because most of its 54 nuclear reactors were shut after the earthquake and tsunami last March.
Roland Buerk reports from Tokyo.
20 Feb 2012
- From the section Business