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08
Jul 2009

Japan May Unadjusted Current Account Surplus Y1.302 Trillion

(RTTNews) - Japan recorded an overall trade surplus in May of 1.302 trillion yen, according to data released Wednesday by the government.

The nation’s unadjusted current account reflected a decline in import values due to lower energy prices and the contraction of exports moderated.

The current account was down 34.3 percent compared to one year earlier.

Exports were down 42.2 percent on year and Imports were down 43.9 percent on year.

In April, Japan’s surplus was down 54.5 percent on year.

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Posted in Categories: Economy, Japan, Releases.

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