{"id":522349,"date":"2022-09-16T09:40:33","date_gmt":"2022-09-16T04:10:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=522349"},"modified":"2022-09-16T10:30:03","modified_gmt":"2022-09-16T05:00:03","slug":"japan-sees-record-trade-deficit-in-august-on-weak-yen-costly-oil-imports","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/japan-sees-record-trade-deficit-in-august-on-weak-yen-costly-oil-imports\/","title":{"rendered":"Japan sees record trade deficit in August on weak yen, costly oil imports"},"content":{"rendered":"<p>Japan posted a record trade deficit in August as costs for imports of oil and gas soared, the government reported on Thursday.<\/p>\n<p>The 2.82 trillion yen (USD 19.6 billion) deficit, the 13th in a row, was triple the deficit logged in the same month a year earlier.<\/p>\n<p>Customs-data showed exports rose 22 per cent from a year earlier as regional economies recovered from pandemic-related disruptions while imports soared 50 per cent.<\/p>\n<p>Energy-related imports from the Middle East accounted for about half of the deficit.<\/p>\n<p>Japan&#8217;s currency, the yen, has weakened sharply against the US dollar as the Federal Reserve has raised interest rates to counter inflation. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan posted a record trade deficit in August as costs for imports of oil and gas soared, the government reported on Thursday. The 2.82 trillion yen (USD 19.6 billion) deficit, the 13th in a row, was triple the deficit logged in the same month a year earlier. Customs-data showed exports rose 22 per cent from a year earlier as regional economies recovered from pandemic-related disruptions while imports soared 50 per cent. Energy-related imports from the Middle East accounted for about half of the deficit. Japan&#8217;s currency, the yen, has weakened sharply against the US dollar as the Federal Reserve has [&hellip;]<\/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-522349","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\/522349","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=522349"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/522349\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=522349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=522349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=522349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}