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Japan's exports rise and imports decline in September_我的网站

一 |     TOKYO -- Japan's exports climbed 4.3% in September from a year earlier as shipments of vehicles, machinery and electronics rose while imports of oil and gas fell sharply, the government said Thursday.Exports totaled 9.2 trillion yen ($61 billion) in September while imports fell 16.3% from the year before to 10.9 trillion yen ($72 billion), according to provisional customs data released Thursday. That left a positive balance of 62.4 trillion yen ($410 billion), the first monthly trade surplus in three months.September's increase in exports was the biggest gain since March and was stronger than analysts had expected. The figures suggest strong activity in Japan's vital manufacturing sector despite faltering global demand. Economists said the drop in imports was mainly due to base effects from the year before.In the first half of Japan’s fiscal year, from April-September, exports edged up just 1.4% from a year earlier, to a record 50.2 trillion yen ($330 billion) while the trade deficit shrank by three-quarters to 2.7 trillion yen ($18 billion). Trade with the rest of Asia has weakened in the past half-year, with a drop in exports of computer chips and semiconductor making equipment taking a toll on exports to China.“The global electronics slump seems like it is continuing with semiconductor equipment down 14.5%, contributing to a decline in exports to China, the biggest destination of IT products,” ING Economics said in a report. Shipments to the U.S. and Europe rose, mainly thanks to strong sales of autos and auto parts, which jumped nearly 24%. Exports of electrical equipment surged 17% and exports of machinery were up 18%. Japan's imports of oil fell 28% in April-September from a year earlier, while imports of liquefied natural gas sank almost 38% and imports of coal plunged 37%.。    Berlin, Oct 13 (UNI) As Germany battles the energy crisis, the government, in line with the leading economic institutes, expects an economic contraction of 0.4 per cent in 2023 and says that the country could slide into recession next year.



"This severe energy crisis threatens to become an economic and, in conjunction with it, a social crisis," Minister for Economic Affairs Robert Habeck said at a press conference here on Wednesday.



In its spring forecast, the German government had still projected growth of 2.5 per cent for next year.



The measures taken by the government to address the energy crisis have worked "no matter how serious and depressing these figures are," Habeck stressed.



A "significantly sharper" economic decline has been forecast, he added, for a worst-case scenario that includes a freeze of Russian gas supplies.



At the beginning of September, gas supplies through the important Nord Stream 1 pipeline to Germany were completely halted after being suspended several times previously for maintenance work.



To ensure heating supply this winter, the authorities have accelerated the filling of the country's gas storages. According to the government's legal targets, gas storage facilities should be at least 95 percent full by Nov. 1. This target, Habeck said, has now almost been reached.



Driven by soaring energy prices, inflation in Germany has risen steadily since the start of the Russia-Ukraine conflict, reaching record levels of 10 per cent in September, according to preliminary figures issued by the Federal Statistical Office (Destatis).



To cushion the impact of high inflation, the government has already presented relief measures, which include short-term financial support to residents faced with steep heating bills and increased welfare payments. It also announced a "protective umbrella" of up to 200 billion euros (194 billion US dollars) to stabilize the economy.



As a result of the measures, inflation would drop to 7 per cent next year instead of rising further as predicted by the economic institutes earlier, Habeck said. "These packages will have an impact, also to curb inflation."



However, companies have warned that "weak investment" is reducing the country's growth potential. This increases the risk that the German economy would "lose ground in global competition," the Federation of German Industries said on Wednesday.



"Of course, we need the full financial power of the state to maintain the substance of our economy and jobs," Habeck said, promising to "quickly implement" the gas and electricity price brakes.

UNI/XINHUA PRT。

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