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Thursday, March 8, 2012

Japan reports big deficits

 Japan has posted one of its largest ever trade deficits, with the January figure widening 246% on year to ¥1.382T ($17.0B). The country's current account deficit totaled ¥437.3B for the same month - larger than the ¥322.4B expected by economists - as nuclear-plant shutdowns drove up energy imports.

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