Japan Aug current account surplus rises on investment income

[TOKYO] Japan's current account surplus grew in August, Ministry of Finance data showed on Wednesday, as income from investments overseas bolstered the balance of payments.

The surplus stood at 287.1 billion yen (US$2.7 billion), against a median forecast for a 198.0 billion yen surplus in a Reuters poll of economists. The surplus in August was up 82.7 per cent from the same period a year earlier.

The surplus in the income balance was 1.5 trillion yen, up 20.6 per cent from a year earlier. - Reuters