Economic Buzz: Japan Posts Current Account Surplus At Y452.8 Billion In December

Japan current account surplus came in at 452.8 billion yen in December, the Ministry of Finance said on Friday, down 43.1 percent on year and down from 757.2 billion yen in November. The trade balance showed a surplus of 216.2 billion yen, following the 559.1 billion yen deficit in the previous month. Exports were down 2.8 percent on year to 7.069 trillion yen after gaining 1.9 percent a month earlier. Imports added an annual 1.6 percent to 6.853 trillion yen after surging 13.5 percent on year in November. The capital account showed a deficit of 4.5 billion yen, while the financial account saw a shortfall of 260 billion yen. The adjusted current account surplus was 1.562 trillion yen, up from 1.438 billion yen a month earlier.