4,973.87 TL BIST 100 BIST 100
18.64 $ USD USD
€19.57 EUR EUR
€1.05 EUR/USD EUR/USD
10.83 TL Interest Interest
79.57 $ Fossil Oil Fossil Oil
3.80 $ Copper Copper
22.34 $ Silver Silver
108.64 $ Iron Ore Iron Ore
373.00 $ Ship Dismantling Ship Dismantling
1,061.54 TL Gold (gr) Gold (gr)

Japan's August trade deficit 2.82 trillion yen

Japan's August 2022 trade deficit was recorded as 2.82 trillion yen ($19.7 billion). Japan's Ministry of Finance has updated its preliminary data on the trade deficit, which has been written off in a row for the past 12 months.

Japan's August trade deficit 2.82 trillion yen

The trade deficit last month was recorded as 2.82 trillion yen ($19.7 billion), according to the data. The loss was recorded as the largest since financial data began to register in 1979. On the other hand, it was noteworthy that the national trade deficit was recorded as a loss for the 13th consecutive month.

Japanese Yen influence

Compared to the same period last year, imports rose 49.9 percent to 10.8 trillion yen ($76 billion). The doubling of crude oil imports in this period and the 2.4 times increase in liquefied natural gas were effective in this increase. After the shipments of automobiles and semiconductor equipment, exports increased by 22.1 percent to $56.3 billion. Japan's monthly trade deficit was last recorded at 2.8 trillion yen in January 2014.

Regarding the trade deficit, Meiji Yasuda Chief Economist Kodama Yuiçi pointed out that the weak Japanese Yen against foreign currency has increased import costs at a time when energy prices are rising. "Energy and grain prices have shown signs of stability recently, while sharp depreciation in the Japanese Yen will continue for a while," Kodama said. said.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Russia is preparing for a base price in oil

Wednesday, December 7, 2022

ArcelorMittal plant in Ukraine was hit by Russian missile attack!

Tuesday, December 6, 2022

Worldwide investment of 2.2 billion dollars in green construction technologies

Tuesday, December 6, 2022

Encouragement to green production from the German Minister of Economy

Tuesday, December 6, 2022

EU proposal for violation of sanctions against Russia

Monday, December 5, 2022
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences

Global Iron and Steel Exchanges

Iron and Steel Indices, Price and News

E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Feedback
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now