Japan Has Y1,660.2 Billion Current Account Surplus

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Japan posted a current account surplus of 1,660.2 billion yen in September, the Ministry of Finance said on Tuesday – up 4.2 percent on year.

That missed expectations for a surplus of 1,994.9 billion yen following the 2,102.8 billion yen surplus in August.

Imports were down 19.2 percent on year to 5,035.7 billion yen, while exports fell an annual 4.2 percent to 5,954.2 billion yen for a trade surplus of 918.4 billion yen.

The capital account showed a deficit of 7.0 billion yen, while the financial account saw a surplus of 1,912.0 billion yen.

The material has been provided by InstaForex Company – www.instaforex.com

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