Share

Japan, the yen brings the trade deficit to an all-time high in April

The main cause is the significant increase in import prices, logically due to the depreciation of the yen: in April the figure was not so low since 1979.

Japan, the yen brings the trade deficit to an all-time high in April

Japan's trade deficit worsens significantly, by 70% in April on an annual basis, to 879,9 billion yen (6,67 billion euros). The main cause is the significant increase in import prices, logically due to the depreciation of the yen, which therefore marked the worst trade balance ever recorded by the Japanese country in a month of April, since it was calculated (1979).

comments