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.

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