Business · Trade · 7 hrs ago

Japan's September current account surplus falls to 2.37 trillion yen

Japan's September current account surplus falls to 2.37 trillion yen

Japan recorded a 2.37 trillion yen current account surplus in September, the Finance Ministry said.

The surplus was 2 trillion yen smaller than a year earlier, partly because Japanese companies received less income from overseas investments.

Primary income, which includes those investment earnings, fell 27.1 percent to 3.55 trillion yen.

Japan's goods trade shifted to a 187.5 billion yen deficit, as imports rose faster than exports.

Imports increased 17.8 percent, with higher crude oil prices amid Middle East tensions contributing to the rise.

For April through September, Japan's current account surplus was 17.15 trillion yen, down 0.4 percent from the same period a year earlier.

The current account is a broad measure of a country's transactions with the rest of the world, and the figures provide a snapshot of Japan's trade and investment income.

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