Japan’s imports continued to surge, driven by soaring energy prices and a weaker yen, extending a sequence of trade deficits to an eighth-straight month as export gains slowed.

Imports jumped 31.2% from a year ago on higher oil, coal and gas prices, compared with a 28.9% rise forecast by analysts. A stronger expansion of chipmaking shipments supported continued gains in exports, but a fall in auto shipments dragged on the pace of gains.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.