Japan's trade deficit at ¥2.817T in August - Breaking The News
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Japan's trade deficit at ¥2.817T in August

Economy
Christian Baha / MM

1 min read

EPA-EFE/KIMIMASA MAYAMA

Japan's trade deficit stood at ¥2.817 trillion in August this year, exceeding analysts' expectations, the country's Ministry of Finance revealed.

According to the report, Japan's total imports in August jumped by 49.9% on an annual basis due to high energy costs reaching ¥10.8 trillion. The country's exports went up 22.1% to ¥8.06 trillion compared to the same period a year prior, the data showed.

trade balancedata
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