ECONOMIC
BUZZ: JAPAN APRIL CURRENT-ACCOUNT SURPLUS ¥334 BILLION
DATE: 08/06/2012
Japan's April
balance-of-payments data, released at the same time by the Finance Ministry,
came in weaker than expected, as the current-account surplus stood at 333.8
billion yen ($4.2 billion).
The trade deficit
totaled ¥464 billion, widening 12.6% from a year earlier. Exports rose 11.1%
from the year-ago period, while imports climbed 11.2%.
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