Japan’s current account surplus climbs to ¥2,930.0 billion in March

Market news

12 May 2016

Japan’s current account surplus climbs to ¥2,930.0 billion in March

Japan's Ministry of Finance released its current account data for Japan late Wednesday evening. Japan's current account surplus climbed to ¥2,930.0 billion in March from ¥2.435.0 billion in February, missing expectations for a surplus of ¥3,005.0 billion.

The trade surplus rose to ¥927.2 billion in March, up from a surplus of ¥425.2 billion in February.

Exports dropped at an annual rate of 11.4% in March, while imports plunged 16.6%.

European Central Bank Governing Council member Jens Weidmann: the ECB should not keep its low interest rates for a longer period

U.S. budget surplus is $106.0 billion in April

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