January 12, 2012 / 12:05 AM / 8 years ago

Japan Nov current account surplus -85.5 pct y/y

TOKYO, Jan 12 (Reuters) - Japan's current account
surplus fell 85.5 percent in November from a year earlier,
Ministry of Finance data showed on Thursday, as exports fell on
weaker global demand and energy imports increased due to higher
oil prices.	
    The fall was bigger than a median market forecast for a 74.7
percent annual fall and followed a 62.4 percent fall in the year
to October. 	
    The surplus stood at 138.5 billion yen ($1.80 billion),
against a median forecast for 242.4 billion yen.	
     Following are details of the current account balance
(economists' median forecast in parentheses):	

                      NOV                OCT     NOV YR BEFORE  
    	
----------------------------------------------------------------	
  Current account 	
  balance            +138.5 (+242.4)     +562.4     +955.4     
  Trade balance      -585.1              -206.1     +256.2      
  Income balance     +934.0            +1,121.5     +826.4     	
----------------------------------------------------------------($1 = 76.9200 Japanese yen)
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