TOKYO : Japan's export growth slowed sharply in December as Chinese demand remained under pressure, while imports jumped, keeping the trade balance in the red for the 17th straight month.Exports rose 11.5 per cent year-on-year in December, the slowest growth since the start of last year, weighed by China-
TOKYO : Japan's export growth slowed sharply in December as Chinese demand remained under pressure, while imports jumped, keeping the trade balance in the red for the 17th straight month.
Imports grew 20.6 per cent, led by oil, coal and liquefied natural gas, reflecting cost-push inflation that boosts costs of living and doing business, potentially depriving purchasing power. December's trade deficit, at 1.45 trillion yen , compared with economists' median estimates for 1.65 trillion yen.
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