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Japan Has Y612.3 Billion Current Account Surplus

Japan had a current account surplus of 612.3 billion yen in January, the ministry of Finance said on Monday – up 6.6 percent on year.

That was shy of expectations for 623.5 billion yen and up from 524.0 billion yen in December.

The trade balance reflected a deficit of 985.1 billion yen – also missing forecasts for a shortfall of 962.0 billion yen following the 120.7 billion yen surplus in the previous month.

The adjusted current account saw a surplus of 1,626.8 billion yen, shy of forecasts for 1,664.1 billion yen and down from 1,852.0 billion yen a month earlier.

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