Japan, breaking the record

Author:Global Times Time:2022.07.24

The latest trade data released by the Ministry of Finance of Japan on the 21st shows that the Japanese trade deficit reached 1.38 trillion yen in June this year, recorded in the trade deficit for 11 consecutive months, and the total Japanese trade deficit in the first half of this year was as high as 7.92 trillion yen, which created the creation, creating a creation, creating a set, creating a set, creating a creation, which created, which created, setting upThere is a record of the highest trading deficit in half a year since the statistical data.

Bloomberg quoted professional analysis on the 21st that the main reason for the continued growth of Japan's imports was that the price of international commodities rose.In the future, the price of commodities may continue to be high, which will lead to the continuous situation of the Japanese trade deficit.However, some analysts believe that the price trend of commodities has become softer in the near future, and the international supply chain is also improving. Therefore, the situation of the Japanese trade deficit in July may narrowed slightly.

Another important factor affecting the trade deficit is the yen exchange rate.Recently, the Japanese yen exchange rate has continued to decline, and the US dollar exchange rate to the yen exchange rate is approaching an important mark of 1 to 140. The yen exchange rate continues to slump, and it will further increase the cost pressure of Japan's imports.

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