Thu, 22 Mar 2012 07:30:19 GMT
Japan reports unexpected trade surplus in February
Japan reported an unexpected trade surplus last month, after facing record deficit in January. The surplus approached 32.9 billion Yens as compared to a deficit of 1.5 trillion Yens in the preceding month, according to Ministry of Finance. The major contributor to the surplus was recovering US economy that spurred the demand for Japan's goods. The exports declined by 2.7%