Japan’s trade flows started the fourth quarter on a down note as imports rose nearly 20 per cent from a year ago, easily outpacing exports and expanding the country’s trade deficit far more than expected.
Imports rose 19.9 per cent year on year in October, according to preliminary data from Japan’s Ministry of Finance, close to triple September’s growth of 7 per cent and easily besting a median forecast of 14.5 per cent from economists polled by Reuters.
That growth in inbound shipments also...
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