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Japan Sept current account surplus 1.47t yen

Japan's government lowered its assessment of capital expenditure in November for the first time in more than a year, as machinery orders and the production of capital goods weakened in a sign that companies are delaying investment.

[TOKYO] Japan posted a current account surplus for the 15th straight month in September as the trade balance swung to a surplus, Ministry of Finance data showed on Tuesday.

The current account surplus stood at 1.47 trillion yen (S$16.99 billion), up from a 978.0 billion yen surplus in September last year.

The median forecast was for 2.2 trillion yen.