Japan posts $2.49B trade deficit in June
JapanRecorded a trade deficit of 2.49 billion dollars in June, exceeding analysts' expectations of 120 billion yen, due to a 25.4% rise in imports to 11.3 trillion yen, while exports increased by 19.3% to 10.9 trillion yen. This comes amid a decline in the value of the Japanese yen, reaching its weakest level in four decades, impacting the economy and increasing pressures on the trade balance.
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