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

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

Submitted By: 24 May 2011 No Comment

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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.

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