Japan logs 1.2 tril. yen current account deficit in Jan.

Politics Economy

Japan logged a current account deficit of 1.2 trillion yen ($10.3 billion) in January, marking the second consecutive month of red ink, the Finance Ministry said Tuesday. Among key components, the country had a goods trade deficit of 1.6 trillion yen and a services trade deficit of 737.9 billion yen, according to the ministry's preliminary report. Primary income, which reflects returns on overseas investments, posted a surplus of 1.3 trillion yen.

Kyodo News

Kyodo News