Japan logs current-account surplus for second straight month
Japan's investment income
Tokyo - QNA
Japan posted a current-account surplus for the second consecutive month in August, as an increase in investment income exceeded a trade deficit, the government said Wednesday.
The surplus stood at 287 billion yen (2.65 billion dollars), up 82.6 per cent from a year earlier, the Finance Ministry said in a preliminary report.
Japan's surplus on the primary income account, which indicates how much it earns from its foreign investments, jumped 20.6 per cent to 1.52 trillion yen, while it posted a trade deficit of 831.8 billion yen, the ministry said.
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