Financial Times FT.com

Japan’s trade surplus rises nearly 100%

By David Pilling in Tokyo

Published: September 21 2006 05:20 | Last updated: September 21 2006 11:55

Japan’s trade surplus rose nearly 100 per cent in August, showing that net exports are still contributing to overall economic growth and the effects of high oil prices are waning.

Although the leap was smaller than expected, economists said the numbers showed that exports to the US, China and Europe continued to expand. Because exporters tend to take a summer break in August, the trade surplus is generally small, making big changes in percentage terms quite common.

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