Economic Buzz: Japan Posts Y370.8 Billion Current Account Deficit In December

8 Feb 2022 , 08:34 AM

Japan posted a current account deficit of 370.8 billion yen in December, the Ministry of Finance said on Tuesday following the 897.3 billion yen surplus in November. Exports were up 18.7 percent on year at 7.797 trillion yen, while imports surged an annual 44.8 percent to 8.115 trillion yen for a trade deficit of 318.7 billion yen. The financial account saw a deficit of 34.7 billion yen, while the capital account had a shortfall of 58.4 billion yen. For all of 2021, the current account surplus was 15.435 trillion yen – down 2.8 percent on year.

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