Japan’s surplus in the broadest measure of foreign trade rose 14 percent in October from a year earlier to 865.1 billion yen, marking its second consecutive month of increase, the Finance Ministry said Thursday in a preliminary current account report.
The ministry attributed the increase to a greater income account surplus covering income from direct investment in foreign countries, and returns from investment in foreign securities. It was also partly attributed to the Sept. 11 terrorist attacks in the United States, which helped narrow services trade deficits by discouraging Japanese from traveling overseas.
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.