Japan’s current account surplus declines to ¥1,879 billion in April

Market news

8 June 2016

Japan’s current account surplus declines to ¥1,879 billion in April

Japan's Ministry of Finance released its current account data for Japan late Tuesday evening. Japan's current account surplus fell to ¥1,879 billion in April from ¥2,980 billion in March, missing expectations for a surplus of ¥2,318.9 billion.

The trade surplus rose to ¥697.1 billion in April, down from a surplus of ¥927.2 billion in March.

Exports dropped at an annual rate of 10.4% in April, while imports plunged 23.1%.

Bank of France downgrades its growth forecast for the second quarter

Switzerland’s consumer price inflation rises 0.1% in May

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