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17th Aug 2022 14:25China+, Daily Monitor

Japan’s trade deficit widened again in July, thanks to a surging import bill.

Energy costs are a big part of the problem, but recent yen weakness is more curse than blessing.

Exports are yet to benefit from the currency’s fall, and key imports are insensitive to price changes.

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car purchases chinese demand commodity prices deficit depreciation e.u. energy exports import growth imports japan July machinery manufactured goods manufacturers May trade trade data trade deficit transport yen

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Keywords for: 18 Aug 2022 China+ Monitor

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