Economy
Japan Posts 634.5 Billion Yen Trade Deficit in July
Japan recorded a trade deficit of 634.5 billion yen in July, according to official data released on August 14, reflecting ongoing pressure on the trade balance due to rising import costs. The deficit, equivalent to about 4.2 billion dollars, was driven by higher energy and food prices plus a weaker yen, while exports to key markets remain challenged by slowing global growth.
