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Japan's October current account surplus 833.4 bln yen

Monday, December 8, 2014 - 08:35
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Japan's current account recorded a surplus for the fourth straight month in October, Ministry of Finance data showed on Monday, as a weak yen and income from investments overseas bolstered the balance of payments.

[TOKYO] Japan's current account recorded a surplus for the fourth straight month in October, Ministry of Finance data showed on Monday, as a weak yen and income from investments overseas bolstered the balance of payments. The surplus stood at 833.4 billion yen (S$9.1billion), against a median forecast for 366.3 billion yen, according to a Reuters poll.

In the same period a year earlier, the current account logged a deficit of 154.3 billion yen.

The surplus stood at 833.4 billion yen, against a median forecast for 366.3 billion yen, according to a Reuters poll. In the same period a year earlier, the current account logged a deficit of 154.3 billion yen.

REUTERS

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