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FX.co ★ Japan Has Y2.583 Trillion Current Account Surplus

Japan Has Y2.583 Trillion Current Account Surplus

Japan posted a current account surplus of 2.583 trillion yen in October, the Ministry of Finance said on Friday - down from 2.724 trillion in September.

Exports were up 1.0 percent on year at 9.107 trillion yen, while imports sank an annual 12.1 percent to 9.579 trillion yen for a trade deficit of 472.8 million yen.

The capital account showed a deficit of 18.2 million yen, while the financial account had a surplus of 1.765 trillion yen.

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