Reuters: Market News: Japan Feb current account surplus falls 30.7 pct y/y

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Japan Feb current account surplus falls 30.7 pct y/y Apr 8th 2012, 23:57 Tweet Share this Email Print Sun Apr 8, 2012 7:57pm EDT TOKYO, April 9 (Reuters) - Japan's current account surplus fell 30.7 percent in February from a year earlier but marked an improvement from a rare deficit the previous month, Ministry of Finance data showed on Monday, as external demand stabilises and helps the economy recover. The fall was smaller than the median forecast of a 32.5 pct fall in a Reuters poll. The surplus stood at 1.1778 trillion yen ($14.30 billion) , a gainst a median forecast for 1.1485 t rillion yen, and followed a deficit of 437.3 billion yen in January, which was the largest-ever deficit. Following are details of the current account balance, with economists' median forecast in parentheses: FEB JAN FEB YR BEFORE --------------------------------------------------------------- Current account balance +1,177.8 (+1,148.5) -437.3 +1,700.8 Trade balance +102.1 -1,381.6 +720.3 Income balance +1,243.0 +1,132.6 +1,196.5 ---------------------------------------------------------------$1 = 82.3700 Japanese yen) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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