Blame it on rebound in oil imports, reflecting higher prices and volumes.
According to Moody's Analytics Asia-Pacific Review, Japan's monthly trade deficit likely widened to ¥443 billion in July, from June’s ¥301 billion, to sit around its average monthly shortfall in 2012. Much of the deterioration is expected to have been driven by a rebound in oil imports, reflecting higher prices and volumes. Exports likely struggled again, feeling the pinch from a strong yen and subdued electronics demand.
Join Singapore Business Review community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!