Global Economic News

Japan April Current Account Surplus Y1.878 Trillion

Japan had a current account surplus of 1.878 trillion yen in April, the Ministry of Finance said on Wednesday.

That was shy of expectations for 2.308 trillion yen following the 2.980 trillion yen surplus in March.

The trade balance came in at 697.1 billion yen, missing forecasts for 919.0 billion yen following the 927.2 billion yen in the previous month.

Exports were down 10.4 percent on year to 5.603 trillion yen after shedding 11.4 percent a month earlier.

Imports tumbled an annual 23.1 percent to 4.905 trillion yen after dropping 5.404 trillion yen in March.

by RTTNews Staff Writer

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