Thursday, April 20, 2006

Japanese Trade

Japan's long term economic surplus continues to weaken, it is down by 11.9% year on year. Of course the main culprit is the rising cost of oil imports (on which Japan is heavily dependent). Exports rose 18.1 percent, but imports rose 25.2 percent to a record 5.8414 trillion yen, continuing a string of double-digit rises since April 2005.It is this part of the process we need to watch, as any

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