Japan's current-account surplus widened to ¥454.7B ($5.8B) in August from ¥436.3B a year earlier, the first such increase for 18 months as lower energy prices helped offset the strengthening yen and falling exports. The latest figure beat consensus but fell from July. Bank of Tokyo- Mitsubishi strategist Takahiro Sekido says the year-on-year move was "a temporary blip in a negative trend."
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment