Japan's Current Account Surplus Marks Record Low


(MENAFN- Qatar News Agency) Japan's current account surplus was the smallest in 2013 since comparable data became available in 1985, with the trade deficit ballooning against the backdrop of a surge in fossil fuel imports and the yen's slide, Japan's (Kyodo) News reported Monday.



A record goods trade deficit of 10.64 trillion yen brought the country's annual current account surplus, one of the widest gauges of international trade, to 3.31 trillion yen last year, the Finance Ministry said in a preliminary repor



The current account surplus shrank for the third straight year, down 31.5 percent in 2013 from 2012, when it hit the previous record of 4.82 trillion yen in the aftermath of the accident at the Fukushima Daiichi nuclear power complex following the March 2011 quake-tsunami disaster


Qatar News Agency

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