Japan Current Account Rebounds to First Surplus in 5 Months
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Japan’s current account rebounded into surplus in February from a record deficit the previous month as income from overseas investments outweighed deficits in trade and services.
The 613 billion yen ($5.9 billion) surplus was the first in five months, the Ministry of Finance reported in Tokyo today. The median forecast in a Bloomberg News survey of 29 economists was for an excess of 618.1 billion yen.