Japan's current account surplus up in July for the first time in three months

The surplus in the current account — the broadest measure of trade with the rest of the world — went up by 26.1 percent from a year earlier to 1.676 trillion yen (US$20 billion) in July, the finance ministry said.

The figure reversed an 18.2 percent drop in June and beat economists' forecast for a rise of around 13 percent.

The trade surplus more than doubled to 916.1 billion yen, up 110.0 percent year-on-year, with exports rising 24.7 percent against a 15.7 percent increase in imports.

Subscribe to The China Post and save 25%. Click here

SharePrintEmail

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

Submit

 Receive China Post promos
 Respond to this email