Japan's current account deficit broadened to a record 1.5tn yen ($15bn; £8.7bn) in January, the major since records began in 1985.
The growth results of Japan also moved downwards. From an initial estimate of 1%.Japan's economy grew by 0.7% in 2013,shareholders reacted with frustration to the news, with the benchmark Nikkei 225 index falling by about 0.6%, almost 95 points.
After past estimations showed an increase of 0.3%, from October to December 2013 Japan's economy grew by just 0.2%. Many economists had anticipated production to pick-up towards the end of 2013, as consumers spent ahead of the tax raise.
The slow development and growing deficit come just before a planned sales tax raise, programmed to take effect in April. The executive figures illustrate that the Japan’s trade break increased to a new record last month, increasing by 71% to 2.79th yen in January.
That was essentially down to feeble export figures, which were impacted by global confusion in emerging markets and weakening yen as well. Shinzo, Japanese Prime Minister, Mr. Abe says he plans to move on ahead with the sales tax climb as a way to attempt Japan's debt.
Yet contract is increased, which is scheduled to go from 5% to 8% - Mr. Abe unveiled a motivational enclosure of 5.5tn yen.
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