Japan's current account shrinks in June

Source: WBP Online
© Scanpix/Reuters
Japan's current surplus saw a decline in June, as domestic investors saw a drop in returns from overseas. The broad gauge of trade decreased to 558.6 billion yen in June, from 1.88 trillion in May. The significant drop in the surplus was primarily caused by income surplus, which fell to 656.9 billion yen from 2.01 trillion yen in May. However, the strong goods trade balance offset some of the declines in current account. 

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