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Global Economic News

Japan Has Y187.2 Billion Current Account Surplus

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Japan had a current account surplus of 187.2 billion yen in December, the Ministry of Finance said on Monday.

That was shy of forecasts for a surplus of 355.8 billion yen, and down from the 433.0 billion yen surplus in November.

The trade balance reflected a deficit of 395.6 billion yen - topping expectations for a shortfall of 472.0 billion yen following the 636.8 billion yen deficit in the previous month.

Exports were up 19.3 percent on year to 7.100 trillion yen, while imports added an annual 6.7 percent to 7.496 trillion yen.

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