Japan Posts Its 21st Straight Monthly Current-Account Surplus
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Japan posted its 21st consecutive monthly current-account surplus, with cheap energy imports helping an economy that continues to struggle to stoke growth and inflation.
The excess in the widest measure of the nation’s trade was 2.98 trillion yen ($27.5 billion) in March, according to data released Thursday by the Ministry of Finance, compared with 2.43 trillion yen in February. It widened 6.9 percent year over year. Economists surveyed by Bloomberg had forecast a surplus of 2.97 trillion yen for March.