imports

[TOKYO] Japan’s imports rose sharply for a third straight month in August as higher crude oil prices lifted energy costs, while exports rose for a 12th month in a row on resilient semiconductor-related demand, government data showed on Wednesday (Sep 16).

The gap between exports and imports stood at US$26.9 billion in August, compared with US$31.98 billion in July

Higher prices were reported for capital and consumer goods

The region should strategically optimise the growth of capital imports and investment from China

The trade gap jumped 42.2% to US$77.6 billion

[WASHINGTON] US import prices rose more than expected in May amid strong gains in the prices of fuels and capital goods, leading to the largest annual increase in nearly four years.

The value of imports rose 2.3 per cent, reflecting a rise in inbound shipments of motor vehicles and consumer goods

Import prices rose 0.8% last month after a downwardly revised 0.9% gain in February

Import prices increased 1.3% from the prior month