Japan June current account swings to deficit as income surplus shrinks

Thu Aug 7, 2014 7:57pm EDT

Related Topics

TOKYO, Aug 8 (Reuters) - Japan's current account swung to a
deficit in June for the first time in five months, government
data showed on Friday, due to a decline in earnings on overseas
    The deficit stood at 399.1 billion yen ($3.9 billion),
against the median estimate of a 324.3 billion yen deficit in a
Reuters poll of economists.
    In May, the current account balance stood at a surplus of
522.8 billion yen.
    The surplus in Japan's income balance fell 37.7 percent in
June from a year earlier to 418.2 billion yen due to lower
earnings and dividends from overseas investments, the data
    For the full tables, see the MOF's website of here
(1 US dollar = 102.1000 Japanese yen)

 (Reporting by Stanley White; Editing by Chris Gallagher)