Japan Logs Trade Surplus After Nearly Three Years

April 22, 2015 3:01 AM

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TOKYO--Japan reported its first monthly trade surplus in nearly three years Wednesday, as falling oil prices reduced the value of imports while a weaker yen and the U.S. economic recovery lifted outbound shipments.

The monthly trade balance came to a surplus of Y229.3 billion. The market was expecting a surplus of Y47.9 billion, according to a survey conducted by The Wall Street Journal and the Nikkei.

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