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2026-09-16 09:44:08
[Mizuho Securities: Middle East Tensions Push Up Energy and Alternative Procurement Costs, Japanese Import Prices Expected to Remain High] (1) Mizuho Securities economist Shota Amano said that Japanese import prices are expected to remain high due to the Middle East tensions pushing up energy prices and alternative procurement costs. (2) He said that total imports are likely to continue to rise. (3) He added, “If the situation in Iran stabilizes and supply restrictions ease, then the increase in imports (mainly Middle Eastern crude oil needed to replenish released oil reserves) is expected to push up total imports.” (4) Government data released on Wednesday showed that imports rose 28.0% year-on-year in August, following a 27.9% increase in July.
