• Japan’s current account surplus declines to ¥1,458.4 billion in October

Market news

8 December 2015

Japan’s current account surplus declines to ¥1,458.4 billion in October

Japan's Ministry of Finance released its current account data for Japan late Monday evening. Japan's current account surplus fell to ¥1,458.4 billion in October from ¥1,468 billion in September, missing expectations for a surplus of ¥1,659.4 billion.

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

The goods trade surplus climbed to ¥200.2 billion in October from ¥82.3 billion in September.

Exports dropped at an annual rate of 3.7% in October, while imports plunged 16.4%.

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