Japan Current account

By IBTimes Staff Reporter | July 07 2010 8:04 PM

Japan's current account surplus narrowed to 1205.3 billion yen in May, compared with a prior surplus of 1242.1 billion yen, but it came slower than the forecasted 1317.4 billion yen.

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The adjusted current account surplus came at 904.8 billion yen from 2379.6 billion yen, while forecasts referred to 1199.8 billion yen.

On the other hand, the trade balance surplus narrowed to 391 billion yen compared with a surplus of 859.1 billion yen, while analysts expected a surplus of 478.1 billion yen.

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