It's almost 90 %!Japan's July frequent project surplus hit a new low in the same period

Author:Zhongxin Jingwei Time:2022.09.08

Zhongxin Jingwei, September 8th. According to the Kyodo News Agency, the initial value of the July international income and expenditure announced on the 8th of the Ministry of Finance in Japan showed that the regular projects reflecting the current projects of Japan and overseas goods, services and investment transactions present 229 billion yen ( The surplus of about RMB 11 billion) was reduced by 86.6%compared with the same period last year.

It is reported that the extension of the yen caused by the expansion of Japan and the United States to the US dollar depreciation trend and rising crude oil prices have expanded, and the surplus has narrowed. Although it has continued to surplus in July since 1985, this time is the least in history.

According to reports, this is a surplus again after a lapse. In regular projects, the export reduction of imported trade revenue and expenditure is 1.21 trillion yen. With the economic recovery from the new crown epidemic, exports increased by 18.5%to 8.58 trillion yen. On the other hand, imports increased by 47.6%to 9.80 trillion yen, higher than the increase in import.

The report mentioned that the yen exchange rate reached about $ 1 and about 136 yen, depreciating more than 26 yen; coupled with the price of crude oil converted into the yen, almost twice the same period of the previous year, which promoted the increase in imports.

It is reported that the "first income and expenditure" surplus of "first income and expenditure" that reflects the overseas investment and dividend trends is 2.43 trillion yen, an increase of 23.6%, making up for the trade deficit. With the rise of energy prices, the income of overseas subsidiaries engaged in related businesses has expanded, and the number of dividends obtained.

In addition, the service revenue and expenditure, including travel and cargo transportation, was 790.8 billion yen, and the deficit was increased by 26.2%year -on -year. (Zhongxin Jingwei APP)

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