Monday, July 7, 2014

Japan’s Current-Account Surplus Beats Economist Estimates

Posted by My Blog Collection at 6:39 PM

Japan posted a fourth straight current-account surplus in May, as income from overseas investments outweighed a trade deficit. The excess in the widest measure of trade was 522.8 billion yen ($5.1 billion), the Ministry of Finance reported in Tokyo today. This compared with the median forecast of 417.5 billion yen in a Bloomberg News survey of 28 economists. Prime Minister Shinzo Abe's task is ...



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