Japan’s Ministry of Finance released its current account data for Japan late Thursday evening. Japan’s current account surplus climbed to ¥2,434.9 billion in February from ¥520.8 billion in January, exceeding expectations for a surplus of ¥2,006.0 billion.
The goods trade deficit turned into a surplus of ¥425.2 billion in February, up from a deficit of ¥411.0 billion in January.
Exports dropped at an annual rate of 5.5% in February, while imports plunged 14.6%.
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