Japan logs record current account deficit of 1.98 trill yen in Jan.
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Japan posted a record current account deficit of 1.98 trillion yen ($14 billion) in January, the Finance Ministry said Wednesday.
Among key components of the current account, the country reported a goods trade deficit of 3.18 trillion yen and a services trade deficit of 758.4 billion yen, according to the ministry’s preliminary data.
Primary income, which reflects returns on overseas investments, posted a surplus of 2.29 trillion yen.