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Current account surplus shrinks

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Japan's current account surplus narrowed in January for the first time in 8 months, though the current account stayed in the black.Finance Ministry officials say the surplus in January was about 575 million dollars, down nearly 90 percent from a year before.The trade deficit was about 7.5 billion dollars, due to an increase in crude oil prices caused by an OPEC agreement on reducing crude production.The travel account surplus was about 1.3 billion dollars.The figure is derived by comparing spending by foreign visitors in Japan to that of Japanese abroad.The primary income balance, a measure of earnings from overseas investments, stayed in the black, with a surplus of about 11.1 billion dollars.

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nhk nhk world nhk world newsline newsline japan asia japan news asia news News Japan Asia World Biz Tech NHK Japan Broadcasting Corporation Public Broadcaster NHKWORLD NHK WORLD PREMIUM NHK WORLD TV Radio Japan modern ongoing present prevailing fad general instant mod now ruling swinging accepted accustomed afoot circulating common knowledge customary cutting-edge doing existent extant fashionable going around hot in circulation in progress in the mainstream in the news in use in vogue leading-edge on front burner popular present-day prevalent rampant regnant rife state-of-the-art topical trendy up-to-date widespread antiquated old old-fashioned past uncommon acknowledged allowed approved arrived at authorized card-carrying chosen confirmed conventional credited current endorsed established kosher legit normal okayed orthodox passed preferred received recognized regular sanctioned standard straight time-honored touted universal unopposed usual welcomed exact live living original 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lifing permanence perseverance rat race real world something survival the big game everyone realm race group division class everybody human race province business area system field domain atmosphere memory ambience pursuits matters Homo sapiens inanimate deadness abstract death ruin destruction creations existence end Rest in power World needling newsmen nestling busline enisling nesting newsman saline nursling nettling nuzzling isoline toes line kneeling sling nosing nursle knelling lays line news nose in coating glaze lacquer stain varnish finish gloss polish topcoat veneer cloisonné dullness japan adorn coat cover decorate enamel gild luster paint shellac surface wash wax reveal dull strip uncover Japan Rest in power the East Asia Rest in power japanned japans spanners panners japan japanese account advice announcement broadcast data disclosure message report rumor statement story word bulletin cable cognizance communication copy description discovery dispatch enlightenment 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