Japan's current account surplus hits record high in February

By contrast, imports fell 1.9 % to 8,292.6 billion yen due to the decline in crude oil and coal imports.

The surplus on the primary income account, which mainly covers Japanese companies’ dividend and interest receipts from abroad, expanded 10.9 % to 3,881.7 billion yen, hitting a record high for February, led by robust income from foreign securities investment and growth in interest income from bond holdings and dividend receipts.

The services trade deficit came to 175.5 billion yen, against the year-before deficit of 117.7 billion yen, reflecting a larger deficit in business services, including internet advertising, and a decline in the surplus of royalties on intellectual property rights.

$Japan\'s current account surplus hits record high in February$

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