Japan's exports likely contracted at the fastest pace in more than three ye...
TOKYO - Japan’s exports likely contracted at the fastest pace in more than three years in August, a Reuters poll showed on Friday, indicating increasing pressure on shipments as the economy is being hit by the U.S.-China trade war and slower global growth.
Exports in August are forecast to have slumped 10.9% from a year earlier, which would be the biggest shrinkage since 14.0% in July 2016 and a far sharper one than July’s 1.5% drop. “Weak demand due to an overseas economic slowdown especially centered on China pushed down both export volumes and prices,” said Kenta Maruyama, economist at Mitsubishi UFJ Research and Consulting.
That would mark the weakest price growth since July 2017, when the index also expanded 0.5% and a deterioration from 0.6% in the previous month. The BOJ has been brainstorming ways to deepen negative interest rates at minimal cost, as it considers adopting it as a main policy response to a slowing economy and growing global risks, sources familiar with the bank’s thinking have said.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Japan manufacturers' mood hits 6-1/2-year low: Reuters TankanBusiness confidence among Japanese manufacturers has soured to hit the weakest l...
Consulte Mais informação »
Japan Inc increasingly hit by trade war, but few shifting from China: Reuters pollHalf of Japanese companies have seen their profits hurt by the U.S.-China trade ...
Consulte Mais informação »
Foreign exchange daily trading volumes rise 9% to $1.75 trillion in August: CLSAverage daily foreign exchange trading volumes rose 9% year-on-year in August, C...
Consulte Mais informação »
U.S. producer prices unexpectedly rise in AugustU.S. producer prices unexpectedly rose in August and underlying producer prices ...
Consulte Mais informação »
7 Wellness Products That Made Our Lives Better in AugustAll the stuff SELF editors are legit gushing about.
Consulte Mais informação »
DoubleLine's Jeffrey Sherman cautions against following August Treasury bid, says gold could be best recession playDoubleLine's Jeffrey Sherman tells CNBC that August's Treasury bid may have been overdone and said gold could be a good recession play.
Consulte Mais informação »