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15th Sep 2022 15:15China+, Daily Monitor

  • Japan’s trade deficit blew out in August, thanks to energy costs and a falling yen.
  • Exports are softer than they seem, flattered for now by price and base effects, but slowing at the margin.
  • Yen weakness is worrying policymakers, but it can’t be fixed by unilateral intervention.

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boj deficit depreciation e.u. energy exports fed import growth japan korea policy policymakers real exports September trade trade deficit u.s. yen yield curve

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Keywords for: 16 Sept 2022 China+ Monitor

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