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The Yen'S Appreciation Has Made Japan'S Trade Balance Slide For The First Time In 15 Months.

2010/10/9 18:33:00 45

Yen Appreciation Trade Surplus

  In October 8th, the Ministry of finance of Japan released the latest BOP bulletin. The data show that, in August 2010, Japan and overseas carried out goods and services. Trade And the current account surplus of overseas investment income is 1 trillion and 114 billion 200 million yen, which is 5.8% lower than that of the same period last year.


In August, Japan's Trade balance The surplus was 195 billion 900 million yen, down 35.2% from the same period last year, the first year of a year-on-year decline in 15 months, and a year-on-year increase of about 110% in July.


As of August, Japan has been running a regular balance of payments surplus for 19 consecutive months, but it has been declining again for 2 months. This is mainly due to the decline in the Japanese yen's export growth due to the appreciation of the yen, which has led to a substantial decrease in the trade balance.


According to statistics, Japan's trade and services receipts and payments in August reached a surplus of 101 billion yen, lower than the 192 billion 200 million yen balance in the same period last year, but it has maintained a favorable balance for 16 consecutive months.


In August, Japan's Exit The amount is 4 trillion and 931 billion 600 million yen, an increase of 16.5% over the same period last year, and the growth rate continued to show a slowing trend, which was 8.2 percentage points lower than that in July. However, it continued to rise for 9 consecutive months. The export volume of automobiles and iron and steel for China and the United States still showed a growth trend; imports amounted to 4 trillion and 735 billion 700 million yen, an increase of 20.5% over the same period last year, and maintained a growth rate for 8 consecutive months, and an increase of 4.8 percentage points over that of July. Imports from the Asian region continued to grow, and the import volume of liquefied natural gas, iron ore and non-ferrous metals still showed a significant increase from the perspective of commodity types.


Statistics show that in August, Japan's travel and spanportation services were deficit of 94 billion 900 million yen, despite a deficit for 5 consecutive months, but the reverse balance decreased by 15 billion yen compared with the same period last year.


In August, Japan's income and expenditure reached a surplus of 1 trillion and 107 billion 500 million yen, an increase of 4.4% over the same period last year, the first rise in 14 months.

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