AP :
Japan recorded a trade deficit for the month of January Wednesday, as exports declined amid worries about the spread of a new virus that could deaden regional economic growth.
The trade deficit for last month totaled 1.3 trillion yen ($12 billion), the Japanese Finance Ministry said in a report.
That marked the third straight month of a trade deficit for the world’s third largest economy.
In October, the nation managed to eke out a trade surplus, largely because falling crude oil prices offset a drop in exports.
Japan recorded a trade deficit for the month of January Wednesday, as exports declined amid worries about the spread of a new virus that could deaden regional economic growth.
The trade deficit for last month totaled 1.3 trillion yen ($12 billion), the Japanese Finance Ministry said in a report.
That marked the third straight month of a trade deficit for the world’s third largest economy.
In October, the nation managed to eke out a trade surplus, largely because falling crude oil prices offset a drop in exports.
