Japan January Current Account Deficit Y364.8 Billion - InvestingChannel

Japan January Current Account Deficit Y364.8 Billion

Japan saw a current account deficit of 364.8 billion yen in January, the Ministry of Finance said on Friday.

That beat forecasts for a shortfall of 611.5 billion yen following the 264.1 billion yen deficit in December.

The adjusted current account was a surplus of 364.6 billion yen – also topping expectations for a surplus of 112.2 billion yen after showing a surplus of 114.7 billion yen in the previous month.

The trade deficit came in 1,479.3 billion yen – but that also beat forecasts for a shortfall of 1,512.3 billion yen following the 567.6 billion yen deficit a month earlier.

by RTT Staff Writer

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