DON'T MISS ANYTHING!
Subscribe to our newsletter
Get the latest news, personalised insights, and must-read stories from Jafriq Radio straight to your inbox with our free newsletters.
Listeners:
Top listeners:
LISTEN NOW: JafriQ Radio Live On Jafriq Radio
[ad_1]
Japan’s current account surplus nearly doubled to ¥20.63 trillion ($140 billion) in 2023 from a year earlier, boosted by record returns on foreign investments and a sharp drop in the trade deficit, government data showed Thursday.
Primary income swelled to ¥34.56 trillion, the highest since comparable data became available in 1985, with a weaker yen inflating the value of overseas investment returns for Japanese companies.
The trade deficit more than halved to ¥6.63 trillion after exports rose 1.5% to ¥100.27 trillion and imports dropped 6.6% to ¥106.90 trillion, the Finance Ministry said in a preliminary report.
[ad_2]
Source link
Written by: jafriqradio
Get the latest news, personalised insights, and must-read stories from Jafriq Radio straight to your inbox with our free newsletters.
Post comments (0)