

Japan’s import bill climbed in August as higher oil prices drove up costs, while export volumes remained steady, adding pressure on the trade balance and household budgets.

Japan’s import bill climbed in August as higher oil prices drove up costs, while export volumes remained steady, adding pressure on the trade balance and household budgets.
We survived the 2022 oil panic; it died quietly within months. This one drags a gutted yen along, so no such luck.