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Financial News: Japan Has Y1,999.9 Billion Current Account Surplus

Japan Has Y1,999.9 Billion Current Account Surplus

09/08/2019 - 20:27:00 (RTTNews)

(RTTNews) - Japan had a current account surplus of 1,999.9 billion in July, the Ministry of Finance said on Monday - down 1.3 percent on year.

That was shy of expectations for a surplus of 2,046 billion yen and up from 1,211.2 billion yen in June.

The trade balance showed a deficit of 74.5 billion yen, shy of expectations for a deficit of 24.0 billion yen and down from the 759.3 billion yen surplus in the previous month.

The capital account showed a deficit of 79.7 billion yen following the 58.5 billion yen shortfall a month earlier.

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