A surge in crude oil prices caused the value of Japanese imports in November to jump to a record 4.55 trillion yen (US$44 billion), up 28% year on year, the Finance Ministry said. Exports rose 13.4% to 5.16 trillion yen on healthy sales of cars and steel. But the sharp rise in imports meant…
JAPAN: Higher oil price caused 28% hike in value of imports
Posted on December 29, 2004 by EnergyAsia