Japan's exports grow less than expected, trade deficit soars


The world's third-largest economy ran its biggest trade deficit in a single month in eight years, as persistent rises in fuel and raw material costs swelled imports, the value of which outstripped shipments. (File pic shows Japanese cars for export.)

TOKYO: Japan's exports in January grew less than expected as manufacturers faced pressure from slowing overseas demand for cars and struggled with global supply constraints.

The world's third-largest economy ran its biggest trade deficit in a single month in eight years, as persistent rises in fuel and raw material costs swelled imports, the value of which outstripped shipments.

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