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    08.07.2015 08:51 Japan’s current account surplus climbs to ¥1,880.9 billion in May

    Japan's Ministry of Finance released its current account data for Japan late Tuesday. Japan's current account surplus climbed to ¥1,880.9 billion in May from ¥1,326.4 billion in April, exceeding expectations for a surplus of ¥1,542 billion.

     

     

    It was the fourth straight month that Japan posted an over ¥1 trillion surplus.

     

     

    Japan benefits from a weaker yen.

     

     

    Japan's trade balance deficit was ¥47.3 billion in May, after a deficit of ¥146.2 billion in the previous month. Exports fell at an annual rate of 0.1% in May, while imports dropped 10.3%.


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