Japan - Betalingsbalance

Japan's current account surplus widened to JPY 1.82 trillion in October 2019 from JPY 1.32 trillion in the same month last year, slightly above market expectations of JPY 1.80 trillion. The goods account posted a JPY 0.25 trillion surplus, compared to a JPY 0.32 trillion deficit a year ago; while the services gap fell to JPY 0.10 trillion from JPY 0.24 trillion and the secondary income deficit dropped to JPY 0.12 trillion from JPY 0.18 trillion. Meanwhile, the primary income surplus narrowed to JPY 1.78 trillion from JPY 2.06 trillion.

Japan's current account surplus fell to JPY 1612.9 billion in September 2019 from JPY 1843.7 billion a year earlier and below market expectations of JPY 1684.6 billion. The goods and services surplus narrowed sharply to JPY 41.2 billion from JPY 287.7 billion in September 2018 and the secondary income gap widened to JPY 233.7 billion from JPY 153.9 billion. On the other hand, the primary income surplus rose to JPY 1805.4 billion from JPY 1710.0 billion.

Japan's current account surplus came in at JPY 2.16 trillion in August 2019, widening from last year's JPY 1.82 trillion and above market expectations of JPY 2.07 trillion. The goods account switched to a JPY 0.05 trillion surplus from a JPY 0.26 trillion deficit, as exports slumped 8.6 percent and imports plunged 12.7 percent. Meanwhile, the services account surplus remained practically unchanged at JPY 0.02 trillion. The primary income account surplus narrowed to JPY 2.27 trillion from 2.28 trillion, whereas the secondary income account deficit narrowed to JPY 0.18 trillion from JPY 0.23 trillion.

Japan's current account surplus came in at JPY 2.00 trillion in July 2019, little-changed from last year's JPY 2.03 trillion and below market expectations of JPY 2.08 trillion. The primary income surplus stood at JPY 2.39 trillion, compared to JPY 2.36 trillion in the same month a year ago, while the secondary income deficit decreased to JPY 0.09 trillion from JPY 0.17 trillion. Meanwhile, the goods and services gap widened to JPY 0.30 trillion from JPY 0.17 trillion a year earlier.

Japan's current account surplus came in at JPY 1.21 trillion in June 2019, unchanged from the same month of the previous year and above market consensus of JPY 1.14 trillion. The goods and services surplus widened to JPY 0.81 trillion from JPY 0.66 trillion a year ago, while the primary income surplus declined to JPY 0.43 trillion from 0.61 trillion. Meanwhile, the secondary income deficit narrowed to JPY 0.03 trillion from JPY 0.06 trillion a year earlier. In the first half of the year, the current account deficit rose to JPY 10.47 trillion from JPY 1.45 trillion in the same period of 2018.

Japan's current account surplus narrowed to JPY 1.59 trillion in May 2019 from JPY 1.90 billion in the same month the previous year and below market consensus of JPY 1.39 trillion. The primary income surplus decreased to JPY 2.26 trillion from JPY 2.40 trillion a year earlier, while the goods gap widened to JPY 0.65 trillion from JPY 0.32 trilion. Meanwhile, the services account surplus increased to JPY 0.14 trillion from JPY 0.01 trillion a year earlier, while the secondary income deficit narrowed a bit to JPY 0.15 trillion from JPY 0.20 trillion.