Japan's Ministry of Finance (MoF) announced Tuesday that the country's current account surplus stood at JPY935 billion in June compared to the JPY1,653.9-billion surplus in May and JPY976.5-billion surplus in the same month a year ago. That was the lowest current account surplus since January 2017. Economists had forecast for a surplus of JPY860.5 billion.

According to the MoF's report, Japan's goods trade surplus amounted JPY518.5 billion compared to a JPY 115.1-billion deficit in the previous month and a surplus of 762.5 billion in June 2016. Goods exports rose 9 percent y-o-y, while imports surged 15.1 percent y-o-y.

The services account showed a deficit of JPY 49.9 billion in June compared to a surplus of JPY 42.1 billion in May and a deficit of JPY 158.1 billion in June 2016.

Meanwhile, the capital account posted a deficit of JPY14.5 billion, while the financial account recorded a surplus of JPY1,343.7 billion.

In the January-June period, Japan's current account surplus was JPY10.510 trillion, +0.3 percent y-o-y.