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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Japan's Trade in Surplus as Imports Drop for Fifteenth Month

Lobo
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Join date : 2013-01-12

Japan's Trade in Surplus as Imports Drop for Fifteenth Month Empty Japan's Trade in Surplus as Imports Drop for Fifteenth Month

Post by Lobo Wed 20 Apr 2016, 4:49 pm

Japan's Trade in Surplus as Imports Drop for Fifteenth Month

James Mayger
April 19, 2016 — 4:57 PM PDT Updated on April 19, 2016 — 6:58 PM PDT








Japan’s trade balance was in surplus in March as the stronger yen reduced the cost of energy and other imports, while exports fell.
Overseas shipments dropped 6.8 percent from a year earlier, while imports declined 14.9 percent, leaving a surplus of 755 billion yen ($6.9 billion). That was less than the 834.6 billion yen forecast in a Bloomberg survey.
Even as concern rises among Japanese policy makers that the yen’s 10 percent appreciation this year will undermine exports, the gain cuts the nation’s import bill. The average oil price declined 21 percent in March this year from the same month in 2015, cutting Japan’s fuel costs. The country depends on overseas supplies for almost all its energy, a situation worsened by the continued shutdown of most its nuclear reactors.



How Can the BOJ Stimulate Inflation?

The slump in Japan’s export values is weighing on companies’ revenue and “may undermine their willingness to invest and lift wages,” Marcel Thieliant, senior Japan economist for Capital Economics, said in a research note Wednesday.
The yen rose 0.2 percent to 109.03 per dollar, after retreating from a 17-month high of 107.63 reached last week. The currency’s advance this year reverses the trend that saw it drop almost 30 percent over the previous three years.
http://www.bloomberg.com/news/articles/2016-04-19/japan-s-trade-in-surplus-as-imports-drop-for-fifteenth-month

    Current date/time is Mon 30 Jan 2023, 8:27 am