{"id":474263,"date":"2022-03-09T09:29:50","date_gmt":"2022-03-09T03:59:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=474263"},"modified":"2022-03-09T10:11:03","modified_gmt":"2022-03-09T04:41:03","slug":"japan-current-account-deficit-at-highest-since-2014-on-oil-import-costs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/japan-current-account-deficit-at-highest-since-2014-on-oil-import-costs\/","title":{"rendered":"Japan current account deficit at highest since 2014 on oil import costs"},"content":{"rendered":"<p>Japan recorded its largest current account deficit since the start of 2014 in January as a jump in oil import costs offset gains in investment income, with continuing uncertainty due to the Ukraine crisis and Covid-19 pandemic. <\/p>\n<p>The current account data highlighted the dependence of Japan&#8217;s resource-deficient economy on imports of commodities and raw materials, which caused trade deficit to widen. <\/p>\n<p>Japan, the world&#8217;s third-largest economy, posted a current account deficit of 1.1887 trillion yen ($10.31 billion) in January, the data showed, versus economists&#8217; median estimate of a 880 billion yen deficit in a Reuters poll.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan recorded its largest current account deficit since the start of 2014 in January as a jump in oil import costs offset gains in investment income, with continuing uncertainty due to the Ukraine crisis and Covid-19 pandemic. The current account data highlighted the dependence of Japan&#8217;s resource-deficient economy on imports of commodities and raw materials, which caused trade deficit to widen. Japan, the world&#8217;s third-largest economy, posted a current account deficit of 1.1887 trillion yen ($10.31 billion) in January, the data showed, versus economists&#8217; median estimate of a 880 billion yen deficit in a Reuters poll.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-474263","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/474263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=474263"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/474263\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=474263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=474263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=474263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}