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Japan Logs Trade Deficit of 249.6 B. Yen in July

Japan Logs Trade Deficit of 249.6 B. Yen in July

   Tokyo, Aug. 19 (Jiji Press)--Japan logged a customs-cleared trade deficit of 249.6 billion yen in July, compared with a deficit of 227.4 billion yen a year before, the Ministry of Finance said Monday.
   The result came against the median forecast of 200 billion yen in deficit among 18 research institutes surveyed by Jiji Press.
   Exports fell 1.6 pct to 6,643.2 billion yen, and imports went down 1.2 pct to 6,892.8 billion yen, the ministry said in a preliminary report.
   In trade with the United States, Japan's surplus expanded 15.6 pct to 579.4 billion yen. Exports were up 8.4 pct, and imports rose 3.5 pct.
   In trade with mainland China, Japan posted a deficit of 383.8 billion yen, up 79.9 pct. Exports fell 9.3 pct, and imports were up 2.8 pct.

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