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Japan books 19.68 bln USD current account surplus in March

TOKYO
2022-05-12 09:13

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TOKYO, May 12 (Xinhua) -- Japan logged a current account surplus of 2.55 trillion yen (19.68 billion U.S. dollars) in March, the government said in a report on Thursday, with the surplus being in the black for a second straight month.

According to the Finance Ministry, the country had a goods trade deficit of 166.1 billion yen (1.28 billion dollars) and a services trade deficit of 127.7 billion yen (985.57 million dollars), among key components in the recording period.

The ministry's preliminary report also showed that the primary income, which reflects returns on overseas investments, booked a surplus of 3.26 trillion yen (25.16 billion dollars).

Japan recorded a current account surplus of 12.64 trillion yen (97.58 billion dollars) for fiscal 2021 through March, the Finance Ministry also said in its report.
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