Ministry Of Commerce Promulgated Number: May Trade Reversal Down To 690 Billion Yuan

The US Ministry of Commerce announced on June 6, local time, that May US kimono trade would drop to 690 million yuan.

　　A few months later, the impact of the decline in the number of goods received, the reverse difference in the US clothing trade in May decreased by 7.3% to 690 billion yuan. Commodity trade reversed from 48 million to 913 million yuan; service trade increased from 7 million to 223 million yuan.

Concretely, the price of kimono at the entrance has decreased by 2.3% to 3,161 billion yen, which is the lowest level since December 2021. Commodity price drop of 2.7% to 2561 billion yuan, which is the lowest since October 2021. Among them, the entrance fee for consumables is reduced by 48 million Yuan, and the entrance fee for industrial raw materials is reduced by 35 billion Yuan.

In the direction of the exit, the price of kimono at the exit decreased by 0.8% to 2,471 billion yuan, and the average price of the product at the exit decreased by 1.5% to 1,648 billion yuan. Industrial raw material output reduction of 15 million Yuan; food, beverage, etc. output reduction of 19 million Yuan.

　　This month, the reverse difference in trade between the United States and China, the European Union, the West Bank, Vietnam and South China is 249 billion Yuan, 165 billion Yuan, 135 billion Yuan, 81 billion Yuan and 69 billion Yuan.

　　Based on the date of the official announcement, the US Department of Commerce's April goods kimono trade reverse difference was revised from 746 million yen to 744 million yen.

Based on the analysis of beauty media, high-interest rates in the US have had a certain impact on consumer demand for goods at the entrance, leading to a decline in entrance prices. In addition, there are a number of indications that in the past, the Japanese people were reluctant to pay for service and non-commodity consumption.