japan posts fourth consecutive current account surplus
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Japan posts fourth consecutive current account surplus

Arab Today, arab today

Arab Today, arab today Japan posts fourth consecutive current account surplus

Japan
Tokyo - KUNA

Japan posted current account surplus for the fourth straight month for May, as the trade deficit narrowed on the back of slower imports following the April sales tax hike, the Finance Ministry said Tuesday.
The surplus stood at JPY 522.8 billion (USD 5.1 billion), according to a preliminary report released by the ministry. But the surplus fell 7.7 percent from a year earlier.
The current account balance is the broadest measure of Japan's trade with other countries, including goods, services, tourism, and investment. The trade balance marked a deficit of JPY 675.9 billion (USD 6.6 billion) in May, shrinking 16.9 percent. Exports rose 2.0 percent from a year ago, while imports edged down 0.4 percent on reducing purchases of crude oil. Demand for crude oil and coal plummeted after the government raised sales tax on April 1 from 5 to 8 percent.
The surplus in the primary income account, which includes earnings from investments abroad, declined for the second consecutive month, went down 3.2 percent to JPY 1.478 trillion (USD 14.5 billion), due to decline in dividends from foreign direct investment.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

japan posts fourth consecutive current account surplus japan posts fourth consecutive current account surplus

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

japan posts fourth consecutive current account surplus japan posts fourth consecutive current account surplus

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday