• Japan’s current account surplus declines to ¥1,653.1 billion in August

Market news

8 October 2015

Japan’s current account surplus declines to ¥1,653.1 billion in August

Japan's Ministry of Finance released its current account data for Japan late Wednesday evening. Japan's current account surplus fell to ¥1,653.1 billion in August from ¥1,808.6 billion in July, beating expectations for a surplus of ¥1,221.1 billion.

Japan benefits from a weaker yen, which supports income from overseas investments.

The goods trade deficit declined by 61.7% year-on-year to ¥326.1 billion in August.

Exports rose at an annual rate of 3.6% in August, while imports dropped 4.9%.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.