Japan books 16.6 bln USD current account surplus in February

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Japan books 16.6 bln USD current account surplus in February

STORY: Japan books 16.6 bln USD current account surplus in February DATELINE: April 10, 2023 LENGTH: 0:00:47 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views of Tokyo 2. various of port STORYLINE: Japan logged a current account surplus of 2.2 trillion yen (16.6 billion U.S. dollars) in February, the government said in a report on Monday, back to the black following a deficit in January. According to the Finance Ministry's preliminary information, the figure was 2.3 percent lower than in the same period last year. According to the ministry, the country had a goods trade deficit of 604.1 billion yen (4.56 billion U.S. dollars) and a services trade deficit of 220.4 billion yen (1.66 million U.S. dollars), among key components in the recording period. Imports and exports expanded 9.8 percent and 4.5 percent year on year, respectively, the preliminary data showed. The report also showed that the primary income, which reflects returns on overseas investments, booked a surplus o

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