Japan's Current Account Surplus Hits Record High in Aug.
Tokyo, Oct. 8 (Jiji Press)--Japan's current account surplus in August rose 65.8 from a year earlier pct to 3,803.6 billion yen, a record high for a single month, Finance Ministry data showed Tuesday.
The country logged a surplus in the current account, the broadest measure of a country's international trade and investment flows, for the 19th consecutive month, with the primary income surplus also hitting a record high.
The surplus in the primary income account, which mainly covers Japanese companies' dividend and interest receipts from abroad, increased 28.5 pct to 4,700.6 billion yen, thanks to expanded dividend receipts from overseas subsidiaries of automakers and other firms. The surplus was also pushed up by an increase in interest receipts from foreign bond investment amid higher interest rates overseas.
The goods trade balance was in the red with a deficit of 377.9 billion yen, smaller than a 755.2-billion-yen deficit a year before, as exports expanded at a faster pace than imports did. Exports climbed 6.2 pct to 8,388.8 billion yen, reflecting brisk shipments of semiconductor manufacturing equipment, while imports rose 1.3 pct to 8,766.8 billion yen, led by expanded purchases of pharmaceutical and petroleum products.
The services trade deficit decreased to 104.9 billion yen from 301.9 billion yen a year ago, as the travel account surplus reached a record high for August at 404.5 billion.
(2024/10/08-14:17)
To read a full story, please click here to find out how to subscribe.
NATION
- 11/13 19:51 Numerical Criteria Proposed for Dangerous Driving Definition
- 11/13 19:50 (Update) Tsuruga Reactor Formally Ruled Noncompliant with Safety Standards
- 11/13 19:01 Japan, U.S., S. Korea Kick Off Freedom Edge Joint Exercise
- 11/13 18:15 INTERVIEW: Japan to Abolish Health Insurance Cards as Planned
- 11/13 17:59 Japan April-Sept. Biz Earnings Down for 1st Time in 4 Yrs
- 11/13 17:23 INTERVIEW: New Minister Vows Ample Budget for Disaster Resilience
- 11/13 17:09 Japan Local Govts Working to Reduce Damage by Bears
- 11/13 16:40 Japan OKs Insurance Coverage of Alzheimer's Drug Donanemab
- 11/13 15:27 Tsuruga Reactor Formally Ruled Noncompliant with Safety Standards
- 11/13 12:49 Japan Power Firm Jera Told to Improve Biz over Manipulation
- 11/13 12:34 Japan Producer Prices Up 3.4 Pct to Hit Fresh High in Oct.
- 11/13 12:22 Onagawa N-Reactor in Northeastern Japan Restarted after Issue
- 11/13 10:09 Former Tokyo Governor Candidate Ishimaru to Form Regional Party
- 11/12 22:44 Nuclear Debris from Fukushima Plant Moved to Lab
- 11/12 21:40 Mother of Abductee Megumi Yokota Laments over No Solution
- 11/12 21:15 Ruling Bloc, DPFP Begin Talks on Economic Package
- 11/12 19:34 Japan FTC Advises Kadokawa Not Underpay Subcontractors
- 11/12 19:30 Japan Mulls Benefits to Low-Income Households
- 11/12 17:53 Osaka Gov. Yoshimura to Run for Nippon Ishin Leadership
- 11/12 17:27 Elderly Single Households to Top 20 Pct in 32 Prefs. in '50
- 11/12 17:07 Japan Industry Min. Lifts Restroom Ban on Trans Worker
- 11/12 15:09 LDP Picks Kihara as Election Chief
- 11/12 14:15 LDP to Lead Efforts to Find Political Fund Solutions: Ishiba
- 11/12 12:06 Japan PM Ishiba to Visit South America from Thurs.
- 11/12 09:59 Japanese Princess Yuriko in State of Reduced Consciousness
- 11/12 00:51 (Update 3) Ishiba Re-Elected as Japan's Prime Minister
- 11/11 23:21 (Update 2) Ishiba Re-Elected as Japan's Prime Minister
- 11/11 22:57 (Update) Ishiba Re-Elected as Japan's Prime Minister
- 11/11 21:27 Shimane N-Reactor to Go Back Online Dec. 7
- 11/11 20:56 Japan to Aim for All New Cars to Be Biofuel-Compatible in 2030s
- 11/11 19:35 Needs to Watch U.S. Economy: Oct. BOJ Policy Meeting Opinions
- 11/11 18:31 COP29 Climate Talks Start in Azerbaijan
- 11/11 17:57 Ishiba Re-Elected as Japan's Prime Minister
- 11/11 17:56 (Update) Japan MSDF Minesweeper Sinks after Fire
- 11/11 17:21 Japan MSDF Minesweeper Sinks after Fire
- 11/11 16:55 Japan Mulling Mandatory Allergen Labeling for Cashew Nuts
- 11/11 16:19 Japan Diet Confirms LDP's Ishiba as PM
- 11/11 15:39 Japan Upper House Elects LDP's Ishiba as PM
- 11/11 15:33 DPFP Head Urges PM to Adopt Political Reforms by Year-End
- 11/11 15:26 Japan PM Election Heads to Runoff Round
- 11/11 14:04 Japan DPFP's Tamaki Admits Having Affair
- 11/11 10:42 Japan April-Sept. Current Account Surplus Hits Record High
- 11/11 10:33 Japanese Firms in U.S. Watching Impact of Trump's Election Win
- 11/11 09:43 Ishiba Cabinet Resigns ahead of Diet PM Votes
- 11/11 00:20 (Update) Fire Occurs on MSDF Minesweeper; 1 Crew Member Missing
- 11/10 23:01 No Major Change Observed in Princess Yuriko's Condition
- 11/10 22:13 Fire Occurs on MSDF Minesweeper; 1 Crew Member Missing
- 11/10 21:15 (Update) Nippon Ishin Chief Vows Not to Cooperate with Ishiba Govt
- 11/10 19:20 (Update) Heavy Rain Hits Okinawa, Amami Region
- 11/10 18:07 Nippon Ishin Chief Refuses to Cooperate with Ishiba Govt
- 11/10 17:20 (Update) Japan Imperial Couple Attend Annual Marine Convention
- 11/10 14:58 Japan Imperial Couple Attend Annual Marine Convention
- 11/10 13:48 Heavy Rain Continues in Okinawa
- 11/10 13:14 Ruling, Opposition Blocs Affirm Need to Review 1.03-M.-Yen Barrier
- 11/10 12:07 Decarbonization Investment to Give Some Inflationary Pressure: BOJ Ueda
- 11/10 11:21 Japan to Enhance Support for Truant Children
- 11/10 10:14 Global Stability to Be Tested at APEC, G-20 Summits
- 11/10 09:30 ICAN Official Hails Nihon Hidankyo's Role in Int'l Society
- 11/09 21:06 Slush Fund Lawmakers Urged to Attend Diet Ethics Panel
- 11/09 19:32 Japan Emperor, Empress Visit Fish-Rearing Facility in Oita Pref.
- 11/09 18:09 Lotte OKs Roki Sasaki's Transfer to MLB
- 11/09 16:46 (Update) Komeito Picks Land Min. Saito as New Leader
- 11/09 16:30 (Update) Heavy Rain Emergency Warning Issued Temporarily for Southwestern Japan Isle
- 11/09 15:21 Komeito Picks Land Min. Saito as New Leader
- 11/09 14:27 Ryuichi Sakamoto's Work Nominated for Grammy
- 11/09 13:50 U.N. Committee Adopts Draft Resolution against Nukes in Space
- 11/09 13:10 Ishiba Vows to Bolster Japan-U.S. Alliance
- 11/09 12:06 Heavy Rain Emergency Warning Issued for Southwestern Japan Isle
- 11/09 11:46 Nuclear Debris from Fukushima N-Plant Reactor Weighs 0.7 Gram
- 11/09 11:15 Ishiba Mulling U.S. Visit for Talks with Trump
- 11/09 10:36 Japanese Princess Yuriko's Condition Deteriorates
- 11/08 23:38 Japan Develops General-Purpose Optical Quantum Computer
- 11/08 21:21 Right-Sided Colon Gets Rid of Cancer: Japan Team
- 11/08 20:53 "Bunraku" Japanese Puppet Play Performer Yoshida Dies at 91
- 11/08 20:23 Flu Season Starts in Japan
- 11/08 19:22 CDP's Edano to Chair Japan Lower House Constitution Panel
- 11/08 18:57 Japan Coincident Economic Index Rises in Sept.
- 11/08 18:14 Comedian Matsumoto Drops Suit against Publisher over Sex Scandal
- 11/08 17:28 Japanese Princess Hisako to Visit Poland
- 11/08 16:10 DPFP Urges LDP to Take Tax Reform Action in FY 2024
- 11/08 14:05 Ishiba Vows to Set Direction of Regional Policies by Year-End
- 11/08 14:03 LDP's Nukaga to Be Reappointed Japan Lower House Speaker
- 11/08 13:54 Trump Aide Urges Nippon Steel to Explain Buyout Perks
- 11/08 13:40 (Update) Japan Intervened into Forex Market July 11-12
- 11/08 12:07 Tohoku Univ. Approved as 1st Recipient of Japan's New Research Aid
- 11/08 11:07 Japan Household Spending Falls 1.1 Pct in September
- 11/08 09:58 Japan Intervened into Forex Market July 11-12
- 11/08 01:52 Many LDP Members Call for Unity in Party Meeting
- 11/07 23:38 Japan Eyes Law Revision to Prevent Crypto Asset Outflows
- 11/07 23:37 (Update) TEPCO Completes Trial Removal of N-Fuel Debris
- 11/07 21:45 (Update) Japan Defense Chief Makes 1st Boarding of S. Korean Naval Ship
- 11/07 21:37 (Update) CDP Lawmaker to Chair Japan Lower House Budget Committee
- 11/07 20:39 (Update 2) Ishiba, Trump Agree to Meet at Early Date
- 11/07 20:13 INTERVIEW: Japan to Boost Advance Disaster Reduction Measures
- 11/07 18:00 (Update) Inmate Arrested for Stabbing Another Girl in 2006
- 11/07 17:58 Ishiba Orders Early Cyber Defense Bill Proposal
- 11/07 17:32 Man Sentenced to Indefinite Term for Serial Robberies in Japan
- 11/07 16:46 Opposition to Chair Japan Lower House Budget Committee
- 11/07 16:02 TEPCO Successfully Completes Trial Removal of N-Fuel Debris
- 11/07 14:19 Mt. Fuji's 1st Snowcap This Season Latest on Record
- 11/07 13:46 Komeito to Name Saito as New Chief
- 11/07 13:18 Japan Govt Upgrades Economic Views for 5 Regions
- 11/07 13:09 Hibakusha Remain Resolved on Nuke Abolition after Trump's Win
- 11/07 12:40 Girl Murder Inmate Arrested for Stabbing of Another Girl in Japan
- 11/07 12:31 (Update) Ishiba, Trump Agree to Meet at Early Date
- 11/07 12:08 Japan Defense Chief Makes 1st Boarding on S. Korean Naval Ship
- 11/07 11:58 BOJ May Be Forced to Raise Rates Early after Trump's Win
- 11/07 11:26 Ishiba, Trump Agree to Meet at Early Date
- 11/07 09:45 Japan to Nominate Metoki for Re-Election as UPU Chief
- 11/07 08:31 Japan's Real Wages Fall for 2nd Straight Month in Sept.
- 11/07 01:43 (Update) Nippon Ishin's Baba to Resign after Election Defeat
- 11/06 23:49 Japan's Future Payment Obligations for Defense Goods Balloon
- 11/06 23:01 Japan's 1st Interim Spent Fuel Storage Facility Starts Operations
- 11/06 22:57 Nippon Ishin to Hold Leadership Election Dec. 1
- 11/06 22:09 Japan Rushing to Build Ties with Trump