• Japan’s current account surplus declines to 1,326 billion yen in April

Market news

8 June 2015

Japan’s current account surplus declines to 1,326 billion yen in April

Japan's Ministry of Finance released its current account data for Japan late Sunday. Japan's current account surplus fell to 1,326 billion yen in April from 2,795 billion yen in March, missing expectations for a surplus of 1,696 billion.

The current account surplus was driven by lower oil prices.

Japan's trade balance deficit was 146.2 billion yen in April, after a surplus of 671.4 billion yen in the previous month.

Exports climbed 4.1% in April, while imports dropped 5.9%.

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