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    08.02.2016 10:32 Japan’s current account surplus declines to ¥960.7 billion in December

    Japan's Ministry of Finance released its current account data for Japan late Sunday evening. Japan's current account surplus fell to ¥960.7 billion in December from ¥1,143.5 billion in November, missing expectations for a surplus of ¥987.0 billion.

     

    The goods trade deficit turned into a surplus of ¥188.7 billion in December, up from a deficit of ¥271.5 billion in November.

     

    Exports dropped at an annual rate of 11.8% in December, while imports plunged 18.9%.

     

    In 2015 as whole, the current account increased to ¥16.641 trillion from ¥2.645 trillion in 2014.

     

    The trade balance declined to a deficit of ¥643.4 billion in 2015 from a deficit of ¥10.401 trillion in 2014.

     

    Exports rose 1.5% in 2015, while imports dropped 10.3%.


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