Japan books $16.6bn current account surplus in Feb

By IANS | Published: April 10, 2023 12:24 PM2023-04-10T12:24:03+5:302023-04-10T12:35:09+5:30

Tokyo, April 10 Japan logged a current account surplus of 2.2 trillion yen ($16.6 billion) in February, the ...

Japan books $16.6bn current account surplus in Feb | Japan books $16.6bn current account surplus in Feb

Japan books $16.6bn current account surplus in Feb

Tokyo, April 10 Japan logged a current account surplus of 2.2 trillion yen ($16.6 billion) in February, the Finance Ministry said in a report on Monday, back to the black following a deficit in January.

According to the Ministry's preliminary information, the figure was 2.3 per cent lower than in the same period last year, reports Xinhua news agency.

According to the Ministry, the country had a goods trade deficit of 604.1 billion yen and a services trade deficit of 220.4 billion yen, among key components in the recording period.

Imports and exports expanded 9.8 per cent and 4.5 per cent year on year, respectively, the preliminary data showed.

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