{"id":1000,"date":"2016-01-14T02:51:40","date_gmt":"2016-01-14T02:51:40","guid":{"rendered":"https:\/\/sunkrish.com\/?p=1000"},"modified":"2017-01-13T11:33:23","modified_gmt":"2017-01-13T11:33:23","slug":"japan-has-17th-straight-current-account-surplus-in-november","status":"publish","type":"post","link":"https:\/\/sunkrish.com\/index.php\/2016\/01\/14\/japan-has-17th-straight-current-account-surplus-in-november\/","title":{"rendered":"Japan has 17th straight Current-Account Surplus in November"},"content":{"rendered":"
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\"AJapan posted a current account surplus for the 17th consecutive month in November, providing support for Prime Minister Shinzo Abe\u2019s efforts to boost the world\u2019s third-largest economy.<\/p>\n

The excess in the widest measure of the nation\u2019s trade was 1.14 trillion yen ($9.7 billion) in November, up from 440.2 yen billion a year earlier, the Finance Ministry said Tuesday in Tokyo. The median estimate of 23 economists surveyed by Bloomberg was for a surplus of 895 billion yen.<\/p>\n

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The surplus was supported by a rise in income from investments abroad by Japanese companies as well as a gain in services, which came with an influx of tourists after the yen weakened. The boost helps an economy that has been hurt by a slowdown in exports including to China, Japan\u2019s biggest trading partner.<\/p>\n

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\u201cThe wider current account surplus bodes well for Japan\u2019s economy,\u201d said Junko Nishioka, chief economist for Japan at Sumitomo Mitsui Banking Corp. in Tokyo. \u201cGoing forward, Japan will likely hold onto the surplus trend.\u201d<\/p>\n

Declining oil prices and recent gains in the yen, which may push down import prices and improve the trade balance, is expected to help Japan maintain the current-account surplus in coming months, Nishioka said.<\/p>\n

The primary income surplus was 1.54 trillion yen in November, the largest on record for November, according to the report. The services balance had a surplus of 61.5 billion yen, helped by charges for the use of intellectual property rights and travel.<\/p>\n

Source: http:\/\/www.bloomberg.com\/news\/articles\/2016-01-12\/japan-posts-17th-straight-current-account-surplus-in-november<\/a><\/p>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Japan posted a current account surplus for the 17th consecutive month in November, providing support for Prime Minister Shinzo Abe\u2019s efforts to boost the world\u2019s third-largest economy. The excess in the widest measure of the nation\u2019s trade was 1.14 trillion … Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":3260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,493,5],"tags":[310,371,332,311,314,305,319,340,302,294,309,370],"class_list":["post-1000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-corporate-services","category-economy-business-updates-corporate-affairs","category-india-international-corporate-updates","tag-bank","tag-bloomberg","tag-capital","tag-corporate","tag-debt","tag-economy","tag-exports","tag-global","tag-international","tag-investment","tag-japan","tag-shinzo-abe"],"_links":{"self":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/1000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/comments?post=1000"}],"version-history":[{"count":5,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/1000\/revisions"}],"predecessor-version":[{"id":3261,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/1000\/revisions\/3261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media\/3260"}],"wp:attachment":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media?parent=1000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/categories?post=1000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/tags?post=1000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}