Japan’s Trade Surplus Shrinks 70% in April
From Reuters
TOKYO — Japan’s trade surplus declined by 70% in April, the sharpest drop since June, 1979, due largely to a jump in imports that reflects the expensive tastes of Japanese consumers, economists said Friday.
The surplus in Japan’s current account, the broadest measure of trade in goods and services, narrowed to $2 billion in April from $6.58 billion a year earlier and $8.13 billion in March.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
