Japan saw a current account surplus of 1.25 trillion yen in March, the Ministry of Finance said on Friday.
That beat forecasts for a surplus of 1.22 trillion yen following the surplus of 637 billion yen in February.
The 4.3 percent annual decline also beat forecasts for a 5.7 percent contraction following the 47.0 percent plunge in the previous month.
The trade deficit came in at 219.9 billion yen, beating expectations for a deficit of 274.1 billion after showing a shortfall of 677.0 billion in the previous month.
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