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The inflation growth and surplus fixation of the foreign trade in Japan

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The inflation growth and surplus fixation of the foreign trade in Japan
May 26
09:00 2017

We have got data from the Central Bank of Japan on the growth of consumer prices without taking into account fresh food. According to the received data, this indicator (inflation) increased in total by 0.3% per year. Thus, the inflation in the country of the rising sun has been growing for the fourth consecutive month.

This growth is less than the forecasted by experts at 0.4% per annum.

Rising energy prices is called the reason for the inflation.

If we do not take into account energy prices in the economic indicators, then prices in Japan have not changed for the last month. They even decreased by 0.1% a month earlier.
Japan reported on the positive balance of the foreign economic activity for the 2016 fiscal year. It should be noted that this is the first surplus since 2010. The global decline in oil prices and strengthening of the national currency has become its cause. The surplus has amounted to 4.001 trillion yen ($ 36.65 billion).

 

The material was prepared with the participation of  Marina German,
a leading analyst of the brokerage company CT Trade

 

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