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Japan's Current Account Surplus Up 2.8 Pct in March

Japan's Current Account Surplus Up 2.8 Pct in March

   Tokyo, May 12 (Jiji Press)--Japan's current account surplus in March rose 2.8 pct from a year before to 2,549.3 billion yen, the Ministry of Finance said Thursday.
   The result came against the median forecast of 1,723.4 billion yen in surplus among the 19 economic research institutes surveyed by Jiji Press.
   Japan posted a goods and services trade deficit of 293.8 billion yen, against 969.5 billion yen in surplus a year before, the ministry said in a preliminary balance of payments report.
   In goods trade, Japan marked a deficit of 166.1 billion yen, against the year-before surplus of 994.2 billion yen. Exports rose 15.7 pct from a year before to 8,456.1 billion yen, and imports were up 36.6 pct at 8,622.1 billion yen.
   The surplus on the primary income account surged 75.6 pct to 3,260.3 billion yen.

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AFP-JIJI PRESS NEWS JOURNAL


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