Japan Nov. Current Account Surplus Up 54.5 Pct
Tokyo, Jan. 14 (Jiji Press)--Japan's current account surplus in November 2024 expanded 54.5 pct from a year earlier to 3,352.5 billion yen, a preliminary Finance Ministry report showed Tuesday.
The current account balance, the broadest measure of a country's international trade and investment flows, logged a record high for the month of November and marked 22 straight months of surpluses, reflecting an improved trade balance.
Japan reported a trade surplus of 97.9 billion yen, against a deficit of 683.3 billion yen a year before. Exports grew 2.8 pct to 8,910.4 billion yen, while imports shrank 5.7 pct to 8,812.4 billion yen.
In the primary income account, which mainly covers Japanese companies' dividend and interest receipts from abroad, the country logged a surplus of 3,437.3 billion yen, up 13.0 pct.
(2025/01/14-10:32)
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