Japan’s current account surplus declines to ¥558.6 billion in June

Market news

10 August 2015

Japan’s current account surplus declines to ¥558.6 billion in June

Japan's Ministry of Finance released its current account data for Japan late Sunday evening. Japan's current account surplus dropped to ¥558.6 billion in June from ¥1,880.9 billion in May, missing expectations for a surplus of ¥738 billion.

Japan benefits from a weaker yen.

Japan's trade balance surplus was ¥102.6 billion in June, after a deficit of ¥47.3 billion in the previous month.

Exports rose at an annual rate of 5.6% in June, while imports dropped 4.6%.

Chinese consumer price index rises at annual rate of 1.6% in July

Oil prices declined amid oversupply concerns

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