• Japan’s current account surplus declines to ¥1,468.4 billion in September

Market news

10 November 2015

Japan’s current account surplus declines to ¥1,468.4 billion in September

Japan's Ministry of Finance released its current account data for Japan late Tuesday evening. Japan's current account surplus fell to ¥1,468.4 billion in September from ¥1,653.1 billion in August, missing expectations for a surplus of ¥2,235.2 billion.

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

The goods trade deficit turned into a surplus of ¥82.3 billion in September from a deficit of ¥326.1 billion in August.

Exports rose at an annual rate of 2.8% in September, while imports dropped 7.4%.

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