Japan August imports jump on higher oil prices; exports stay firm
Japan’s total imports rose 28% year over year in August for a third straight month as higher crude oil prices lifted energy costs, while exports rose for a 12th month on resilient semiconductor-related demand, according to government data.
Japan’s imports increased sharply for a third straight month in August as higher crude oil prices pushed up energy costs, while exports rose for a 12th consecutive month on resilient semiconductor-related demand, government data showed on Wednesday. Total imports by value grew 28% from a year earlier.