Japan's Trade Deficit Grows as Imports Balloon Due to Weak Yen
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#56764ea7 ver:0.22

Japan's trade deficit grew 8% in April due to a weak yen boosting imports, offsetting gains from increased exports. Imports from the US rose 30% and from the Middle East, mainly oil and gas, jumped 15%. The weak yen has led to increased import costs, resulting in a deficit of ¥462.5 billion. The depreciation of the yen has mixed effects on the Japanese economy, benefiting exporters but pressuring firms with higher import costs. The weak yen also impacts global trade dynamics, with exports to the US and China increasing while exports to Europe fall. The weak yen may also affect India's trade with Japan....

#newstr #Japan #TradeDeficit #Exports #Imports #WeakYen #Deflation #Prices #Wages #InterestRates #ForeignExchangeMarkets 

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