Japan's frequent project surplus in the first half of the year fell sharply

Xinhua News Agency, Tokyo, August 8th (Reporter Liu Chunyan) Preliminary statistical reports released by the Ministry of Finance on the 8th of Japan ’s Ministry of Finance showed that due to rising imports of imported goods such as crude oil, the significant depreciation of the yen has worsen Japan's trade revenue and expenditure. The project surplus has fallen sharply, the lowest level in the same period since 2014.

Data show that the Japanese frequent project surplus in the first half of the year was 350.57 trillion yen (about 135 yen), a year -on -year decrease of 60021 trillion yen.

Among them, in terms of cargo trade, trade revenue and expenditure has changed from a surplus to the deficit in the same period last year, with a deficit of 566.88 trillion yen; in terms of service trade, the trade deficit continued to expand to 249.47 trillion yen. This has changed the overall trade income and expenditure from the surplus of the same period last year to the deficit, with a deficit of 8.1634 trillion yen.

In the first half of the year, benefiting from the depreciation of the yen, Japan's overseas investment income increased by 2.3563 trillion yen year -on -year to 1.28728 trillion yen.

The report shows that in the case of deficit between goods trade and service trade, the maintenance of overseas investment income is the main reason why Japan can maintain regular project surplus.

[Editor in charge: Liu Yang]

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