Japan trade deficit hits record high in August as energy imports surge

by Daniel Leussink TOKYO (Reuters) – Japan had its biggest August on record as imports surged due to high energy costs and a weaker yen monthly trade deficit. Vulnerable to external price pressures. The growing trade deficit underscores the fragility of Japan’s economic recovery, which has so far largely remained despite high costs for companies. Remain intact for imports exacerbated by yen depreciation – yearly lows and rising prospects for a global slowdown. imports soared 11.9% in the year to August, driven by cost crude, coal and liquefied coal 71 natural gas