TOKYO, Feb. 16 (Xinhua) — Japan booked a report commerce deficit in January owing to rising power prices and the tempo of exports slowing, the federal government mentioned in a report on Thursday.
According to the Finance Ministry, the nation’s commerce deficit in January stood at 3.5 trillion yen (26.16 billion U.S. {dollars}) and marked an 18th straight month of pink ink.
Imports jumped 17.8 % to 10.05 trillion yen (75.13 billion {dollars}) within the recording interval, the ministry mentioned, whereas exports have been up 3.5 % to six.55 trillion yen (48.96 billion {dollars}).
With the United States, it booked a slight surplus of 280.7 billion yen (2.09 billion {dollars}), the ministry mentioned.