Japan January Current Account Deficit Y1,589.0 Billion





Japan saw a current account deficit of 1,589.0 billion yen in January, the Ministry of Finance said on Monday.
That missed forecasts for a shortfall of 1,411.8 billion yen following the 638.6 billion yen deficit in December.
The trade balance reflected a deficit of 2,345.4 billion yen - which actually beat expectations for 2,589.6 billion yen. That follows the upwardly revised deficit of 1,047.4 billion yen in December (originally 1,212.6 billion yen.
Exports climbed 16.7 percent on year, while imports surged an annual 30.3 percent.


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