Monday 11 November 2013

Current account logs 2nd smallest surplus

Japanese finance officials say the country's current account surplus was the 2nd smallest on record for the April-September half-year period.

They say the surplus came to about 30.9 billion dollars. That's the 2nd lowest figure since 1985, when comparative figures became available.
The dip is largely due to a trade deficit of about 47.1 billion dollars, a record high for the half-year period.
The weaker yen pushed up the value of dollar-based crude oil and liquefied natural gas imports. Shipments of smartphones and clothing from China also rose.

Source: NewsOnJapan

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