Tuesday, April 24, 2007

UPDATE 2-Japan's trade surplus up sharply, exports firm

(Reuters) - TOKYO, April 25 - Japan's trade surplus jumped in March from a year earlier, exceeding market forecasts, as exports climbed to a record high despite a slowdown in the U.S. economy, government data showed on Wednesday.

Slowing import growth was also behind the sharp expansion in the surplus, largely because of falling crude oil prices and a fall in imports of clothing from China.


Read more at Reuters.com Economic News

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