Japan logged a record current account deficit in January on persistent rises in the cost of importing fuel, government data showed on Wednesday. | Reuters
TOKYO – Japan logged a record current account deficit in January on persistent rises in the cost of importing fuel, government data showed on Wednesday.
The deficit, at 1.98 trillion yen , exceeded a median market forecast of 818.4 billion yen and marked the biggest amount on record, the government said.The country’s trade deficit in January was also the largest since relevant data became available in 1996, the data showed., which is heavily reliant on imports of fuel and raw material.
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