Japan’s goods trade deficit hit a record high in 2013, sparking fears that the country could fall into a constant current account deficit in the near future.
If expectations intensify that the current account balance will remain in the red for an extended period, long-term interest rates would jump and the value of the yen could dive, worsening the economic and fiscal situation down the road, experts warn.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this support page.
We humbly apologize for the inconvenience.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
PHOTO GALLERY (CLICK TO ENLARGE)
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.