Japan FY 2025 current account surplus hits record high for 3rd year in row
TOKYO (Kyodo) -- Japan posted a record-high current account surplus of 34.52 trillion yen ($219 billion) in fiscal 2025 through March, hitting a new high for the third year in a row, as goods trade returned to the black, government data showed Wednesday.
The surplus rose 15.0 percent from the previous year, also buoyed by increases in returns on foreign investments amid the weak yen, the Finance Ministry said in a preliminary report.
Primary income, which reflects how much Japan earned from overseas investments, rose 2.1 percent from a year earlier to 42.28 trillion yen, it said.
Among other key components, the goods trade balance registered a surplus of 1.36 trillion yen compared to a deficit of 3.03 trillion yen the previous year, with exports expanding 3.3 percent to 111.35 trillion yen and imports decreasing 0.8 percent to 109.98 trillion yen.
In March alone, the country logged a 4.68 trillion yen current account surplus, gaining 29.1 percent from the year before, the ministry said.
The current account balance is one of the widest gauges of international trade.
Article source: https://mainichi.jp/english/articles/20260513/p2g/00m/0bu/007000c
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.