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Japan books $16.6b current account surplus in Feb

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logged a current account surplus of 2.2 trillion yen (16.6 billion U.S. dollars) in February, the government said in a report on Monday, back to the black following a deficit in January.

According to the Finance Ministry’s preliminary information, the figure was 2.3 percent lower than in the same period last year.

According to the ministry, the country had a goods trade deficit of 604.1 billion yen (4.56 billion U.S. dollars) and a services trade deficit of 220.4 billion yen (1.66 million U.S. dollars), among key components in the recording period.

Imports and exports expanded 9.8 percent and 4.5 percent year on year, respectively, the preliminary data showed.—Xinhua

 

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