AI Data Insight
In August 2026, Japan's total imports reached 11.15 trillion yen. Although slightly down from the previous month, the year-on-year growth rate soared to 28.0%, exceeding market expectations of 26.3%. Crude oil imports surged by approximately 59%, indicating that high prices are the main driver pushing up import costs. The market is closely watching whether the Bank of Japan will further raise interest rates to curb the inflation monster.