Japan Has Y61.4 Billion Current Account In January



Japan had a current account surplus of 61.4 billion yen in January, the Ministry of Finance said on Monday. That missed forecasts for a surplus of 270.4 billion yen following the 187.2 billion yen surplus in December. The trade balance showed a deficit of 864.2 billion yen - which beat expectations for a shortfall of 936.0 billion yen following the 395.6 billion yen deficit in the previous month. Exports climbed 15.3 percent on year to 6.332 trillion yen, the data showed, while imports shed 8.9 percent to 7.196 trillion yen. The adjusted current account surplus was 1,058.1 billion yen - below expectations for 1,179.6 billion yen following the 852.8 billion yen surplus a month earlier.

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