Japan posted a current account surplus of 262.7 billion yen (2.12 billion euros or $ 2.4 billion) in April, the government reported today.
The figure is 84.2% lower than that registered in the same month of 2019 and 99.7% lower than that obtained in March, according to data published Monday by the Japanese Ministry of Finance.
The Japanese trade balance registered a deficit of 966,500 million yen (7,810 million euros or 8,830 million dollars), eight times more than in the same month of a year earlier and which contrasts with the surplus of 10,300 million yen (83 million euros or 94 million dollars) registered in the previous month.
Exports fell 23% yoy to 4.9 trillion yen (€ 39.7 billion or $ 44.85 billion) and imports declined 9.5% to 5.8 trillion yen (€ 47.5 billion or 53.67 billion) of dollars).
The balance of services registered a negative balance of 630.2 billion yen (5,100 million euros or 5,760 million dollars), an increase of 73.5% year-on-year, which contrasts with the surplus of 7,200 million yen (58 million euros or 66 million dollars) March.
In the fourth month of 2020, the income account recorded a surplus of 1.98 trillion yen (16.030 billion euros or $ 18.120 billion), down 7.7% year-on-year.
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