15th Straight Month for Japan Trade Deficit

Japan posted a trade deficit in September for a 15th straight month, the longest stretch on record, pointing to an apparent structural change in the economy and uncertainties about global growth.

The merchandise trade balance showed a ¥932.1 billion ($9.5 billion) deficit in September, making the run of monthly deficits the longest since January 1979, when the data were first compiled in the current format, finance ministry figures showed Monday. It was also the largest deficit ever for the month of September.

The previous record of 14 straight months stretched between July 1979 and August 1980 in the wake of the 1979 energy crisis.

WSJ

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