Japan''s 2011 current account surplus falls

By Indo Asian News Service | Wednesday, February 08, 2012 | 1:09:10 PM IST (+05:30 GMT) 0 Comment

Tokyo, Feb 8 (IANS) Japan''s current account surplus in 2011 fell 43.9 percent, a record drop since 1985, said the government Wednesday.

Tokyo, Feb 8 (IANS) Japan''s current account surplus in 2011 fell 43.9 percent, a record drop since 1985, said the government Wednesday.

According to the data released by the finance ministry, Japan''s current account surplus in 2011 was $125.19 billion.

The sharp decline was mainly attributed to the earthquake and nuclear disaster, the flood in Thailand and the strong yen last year, reported Xinhua.

Another data published by the finance ministry in a preliminary report shows the balance in December was $3.94 billion in surplus, 74.7 percent down from the previous year.

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