Japan logs current account surplus for fourth month as trade gap narrows
newscatcher
2023-07-10 06:30
Japan logs current account surplus for fourth month as trade gap narrows
A banknote of Japanese yen is seen in this illustration picture. REUTERS/Florence Lo/Illustration/File photo TOKYO  -Japan's current account surplus more than doubled year-on-year in May, in a fourth straight month of gains, as the country's trade deficit narrowed and income gains from its overseas investment expanded, Ministry of Finance data showed on Monday. The current account surplus reached 1.86 trillion yen ($13.08 billion) in May, compared with 773 billion yen in the same month a year earlier and just short of economists' median forecast for a surplus of 1.

https://business.inquirer.net/409498/japan-logs-current-account-surplus-for-fourth-month-as-trade-gap-narrows

#inquirer
Hide Comments Comments (0)

You must login before you can post a comment.