Japan’s trade gap widened as import costs increased due to supply pressures

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TOKYO – Japan’s exports logged one-third

US-led April is the month of direct double-digit gains

Demand, but rising global commodity costs inflated

On the country’s import bill record, added concern

Rising cost of living.

To minimize the possibility of recovery led by a personal need,

However, there was a measure of capital expenditure that he posted

First monthly gain in three months.

Mixed data on Thursday followed the fall of the yen

The dollar hit a two-decade low of 131 last May.

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Which added to the risk of a worsening trade situation

As a financial burden for the resource-poor Japanese economy

Import costs increase.

A weaker yen, once considered a boon for export-leadership

As shipments continue to grow, so does the impact on the economy

Ongoing transfers by small, Japanese manufacturers

Offshore production.

Japan’s exports rose 12.5% ​​in April from a year earlier

The Treasury Department data showed that the US-led shipments led

A 13.8% increase in cars and undershooting is expected by economists

According to a Reuters poll. It followed a 14.7% increase in March.

Imports have risen 28.2% since April, averaging

A 35.0% growth estimate, as a weaker yen helped boost ৷

Already global commodity prices have risen.

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This resulted in a trade deficit of 839.2 billion yen

($ 6.54 billion), narrower than the median estimate of 1.150

Deficit of trillion yen but posting for the ninth month in a row

Red

Analysts have warned of the risk of prolonged cost-cutting

Inflation in a fragile economy with external factors, no

Domestic demand, pushing high import bills.

Separate data were found on Japan’s main equipment on Thursday

Orders in March rose 7.1% from a month earlier, in contrast to a 3.7% increase

Growth expected by economists in a Reuters poll.

Volume data series, regarded as a leading gauge

Over the next six to nine months the capital expenditure, a given

A glimmer of hope for recovery led by internal demand.

Japan’s economy shrank for the first time in two quarters

January-March period since COVID-19 restrictions hit the service

Rising sectors and commodity prices have created new pressures.

($ 1 = 128.3600 yen)

(Reporting by Tetsushi Kazimoto and Daniel Lewinsk; Editing by

Sam Holmes)