Japan’s current account surplus declines to ¥1,143.5 billion in November

Market news

12 January 2016

Japan’s current account surplus declines to ¥1,143.5 billion in November

Japan's Ministry of Finance released its current account data for Japan late Monday evening. Japan's current account surplus fell to ¥1,143.5 billion in November from ¥1,458.4 billion in October, beating expectations for a surplus of ¥858.5 billion.

The goods trade surplus turned into a deficit of ¥271.5 billion in November, down from a surplus of ¥200.2 billion in October.

Exports dropped at an annual rate of 6.3% in November, while imports plunged 10.9%.

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