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Urgent: Japan's trade deficit drops 47.3 pct on-year in February: gov't

Xinhua, March 18, 2015 Adjust font size:

Japan posted a goods trade deficit of 424.6 billion yen in February, down 47.3 percent from a year earlier, the government said Wednesday.

The balance in goods trade remained in the red for the 32nd straight month, the longest period since comparable data became available in January 1979.

Exports rose 2.4 percent from a year earlier, while imports dropped 3.6 percent, the Finance Ministry said in a preliminary report. Endi