Economic Buzz: Japan Posts Current Account Surplus Of Y3.122 Trillion In March

Japans current account surplus came in at 3.122 trillion yen in March, the Ministry of Finance said on Thursday, up 4.2 percent on year, following the 2.076 trillion yen surplus in February. The trade balance reflected a surplus of 1.190 trillion yen, up an annual 37.6 percent, following the 188.7 billion yen surplus in the previous month. Imports were down 0.9 percent on year to 6.257 trillion yen after surging 17.8 percent in February. Exports added an annual 3.7 percent to 7.447 trillion yen after gaining 0.9 percent a month earlier.