Japan’s current account surplus fell 28.2 percent from a year earlier to 775.6 billion yen in July, down for the eighth straight month, the Finance Ministry said Thursday in a preliminary report.
A ministry official said the shrinking surplus in the broadest measure of trade involves three factors: the ongoing global economic slowdown, a comparative depreciation of the yen to the dollar and an intensifying transfer of the production divisions of Japanese manufacturers to other parts of Asia.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.