Asian Economic News
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Japan Current Account Surplus Y433.3 Billion In June

8/7/2012 8:07 PM ET

Japan saw a current account surplus of 433.3 billion yen in June, the Ministry of Finance said on Wednesday - down 19.6 percent on year.

That topped forecasts for a surplus of 415.4 billion yen and a 24.9 percent annual contraction after showing a surplus of 215.1 billion and a 62.6 percent plunge in May.

The trade balance reflected a surplus of 112.0 billion yen, down 13.7 percent on year. That missed expectations for a surplus of 114.9 billion yen following the downwardly revised shortfall of 941.0 billion yen in the previous month (originally -848.2 billion yen).

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News