• Kyodo News


The current account surplus shrank for the ninth straight month in November, down 65.9 percent from a year earlier, with merchandise trade sinking into the red due to dwindling exports amid the global economic slowdown, the government said Tuesday.

The surplus in the current account, the broadest gauge of Japan’s trade with the rest of the world, amounted to ¥581.2 billion, the Finance Ministry said in a preliminary report.

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