Japan logs US$8.1b trade deficit in February

Japan logged another trade deficit in February, this time of US$8.1 billion (HK$62.9 billion) according to figures released on Thursday, reversing a year-earlier surplus and underscoring the uncertain state of the world’s third-largest economy.

The figures also highlight the size of the task ahead for Prime Minister Shinzo Abe’s government, which has pledged to turn around Japan’s fortunes with big public spending and by pressuring the nation’s central bank for more aggressive monetary policy.

via Business feed http://www.scmp.com/business/economy/article/1196109/japan-logs-us81b-trade-deficit-february