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Japan s imports, exports balloon on energy costs, cheap yen - Business News

Japan s imports, exports balloon on energy costs, cheap yen - Business News
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Junichi makinoKoji sasaharaFinance ministry

Japan s imports, exports balloon on energy costs, cheap yen

TOKYO (AP) Japan marked a trade deficit for the 14th month in a row, government data showed Thursday, with exports and imports ballooning to record highs, as the declining value of the yen added to the soaring costs of imported energy, food and other goods.

Yuri kageyamaJunichi makinoFinance ministryGlobal tradeThe bank of japan

Japan s imports, exports balloon on energy costs, cheap yen | The Asahi Shimbun: Breaking News, Japan News and Analysis

Japan marked a trade deficit for the 14th month in a row, government data showed Thursday, with exports and imports ballooning to record highs, as the declining value of the yen added to the soaring costs of imported energy, food and other goods.

Junichi makinoFinance ministryAsahi shimbun

Japan trade deficit grows as oil prices surge, yen drops

Japan has reported its trade deficit for the first half of this year totaled nearly 8 trillion yen, or about $58 billion, because of surging oil prices and a weakening yen

Yuri kageyamaJunichi makinoFinance ministryMiddle eastTrade balanceEnergy industryIl and gas industryFinancial marketsUrrency marketsJapanese yenInternational tradeEneral newsEast asiaMiddle east

Japan trade deficit grows as oil prices surge, yen drops | The Asahi Shimbun: Breaking News, Japan News and Analysis

Japan’s trade deficit for the first half of this year totaled nearly 8 trillion yen ($58 billion), because of surging oil prices and a sinking yen, brought on partly by the war in Ukraine, and weaker global demand.

Junichi makinoFinance ministryMiddle eastAsahi shimbun

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