Japan’s current account surplus fell 19.3% to 1.2 trillion yen (US$11.7 billion) in November 2004, its first decline in 17 months, as the cost of imports rose on higher oil prices, the Japan Times reported, quoting Finance Ministry figures. According to the ministry, the country’s surplus in the balance of trade in goods and…
JAPAN: Current account surplus dips 19% to US$11.7b on rising oil prices
Posted on January 25, 2005 by EnergyAsia