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Japan's May current account surplus stands at 1.88 trillion yen

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Japan's current account logged a surplus for the 11th straight month in May, Ministry of Finance data showed on Wednesday, as a weak yen boosted income from overseas investments and a decline in imports narrowed the trade deficit.

[TOKYO] Japan's current account logged a surplus for the 11th straight month in May, Ministry of Finance data showed on Wednesday, as a weak yen boosted income from overseas investments and a decline in imports narrowed the trade deficit.

The current account surplus stood at 1.88 trillion yen (S$20.81 billion), against a median forecast for a 1.54 trillion yen surplus.

REUTERS

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