Mumbai, April 8 -- Japan's current account surplus fell slightly by 0.1% compared to last year, reaching 3.93 trillion yen ($24.8 billion) in February, according to the Finance Ministry. This small drop was mainly due to higher imports from China ahead of the Lunar New Year holidays.
The data does not yet reflect the impact of U.S.-Israeli attacks on Iran at the end of February. Officials noted that imports could decline in March as oil shipments from the Middle East may be disrupted due to issues in the Strait of Hormuz.
Income from overseas investments, such as dividends and interest, increased by 11.6% to 4.24 trillion yen, helped by the weaker yen.
Japan's trade in goods saw a sharp decline in surplus, dropping 67% to 267.6 billion y...