containers

Japan Trade Deficit dipped $8.5 Billion in the red during April

Japans trade balance dipped 700 billion yen $8.5 billion into the red in April, the largest deficit since the financial crisis, according to the median estimate of research institutions polled by a Nikkei Inc group firm, the Nikkei business daily reported.

All the institutions polled expect the Japanese finance ministry to report a trade deficit for April on Wednesday, with estimates of the size of the deficit ranging from 206 billion yen to 1 trillion yen, the paper said. 

Read the rest of the story: Japan Economy: Japans Trade Deficit Slumped to $8.5 Billion in April.