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Japan Logs Trade Deficit of 2,384.7 B. Yen in May

Japan Logs Trade Deficit of 2,384.7 B. Yen in May

   Tokyo, June 16 (Jiji Press)--Japan logged a customs-cleared trade deficit of 2,384.7 billion yen in May, compared with 212.9 billion yen in deficit a year before, the Ministry of Finance said Thursday.
   The result came against the median forecast of 2,026.1 billion yen in deficit among 19 research institutes surveyed by Jiji Press.
   Exports rose 15.8 pct to 7,252.1 billion yen, and imports grew 48.9 pct to 9,636.7 billion yen, the ministry said in a preliminary report.
   In trade with the United States, Japan's surplus shrank 8.6 pct to 327.8 billion yen. Exports were up 13.6 pct, and imports were up 24.2 pct.
   In trade with mainland China, Japan posted a deficit of 607.8 billion yen, compared with 195.1 billion yen in deficit a year before. Exports fell 0.2 pct, and imports were up 25.8 pct.

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