Japan Has Y92.3 Billion Current Account Shortfall

India, Aug. 9 -- Japan posted a current account deficit of 92.3 billion yen in June, the Ministry of Finance said on Monday.

That missed expectations for a surplus of 1.512 trillion yen following the 3.968 trillion yen surplus in May.

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Exports were up 16.3 percent on year to 10.480 trillion yen, while imports jumped an annual 24.3 percent to 10.615 trillion yen for a trade deficit of 135.2 billion yen.

The capital account saw a deficit of 463 billion yen, while the financial account had a surplus of 1.521 trillion yen.

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Published by HT Digital Content Services with permission from RTT News....