Japan's current account surplus expands to record Y2.38 trillion in August
Japan Times -- Oct 10
The current account surplus expanded to ¥2.38 trillion ($21 billion) in August - the highest on record for the month - lifted by foreign investments and a bigger trade surplus, government data showed Tuesday.

The surplus in the primary income account, which reflects how much Japan earns from foreign investments, rose 13.0 percent from the year before to ¥2.24 trillion, the Finance Ministry said in a preliminary report.

The current account logged a surplus for the 38th straight month in August. The yen's depreciation against the dollar was one key factor boosting income from foreign investment, a ministry official said.

The dollar averaged ¥109.91 in August, higher than ¥101.27 the previous year, while the euro traded at ¥129.84, compared with ¥113.54 the year before.

Among other key components in the current account, goods trade registered a surplus of ¥318.7 billion - up 46.2 percent.

Robust shipments of cars, auto parts and electronic components helped Japan's trade surplus, which narrowed slightly from rising energy imports.

Exports jumped 16.3 percent year on year to ¥6.17 trillion and imports gained 15.1 percent in the same period to ¥5.85 trillion.

海外との輸出入などの差額を示す8月の経常収支は、8月としては過去最高の2兆3804億円の黒字でした。 財務省によりますと、黒字の大きな要因は円安の影響もあって海外子会社からの配当金が増加したためです。貿易収支も自動車や半導体などの輸出が好調で、3187億円の黒字でした。
News sources: Japan Times, ANNnewsCH
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