Financial Times FT.com

Weak yen fuels Japanese surplus

By David Pilling in Tokyo

Published: June 14 2007 03:00 | Last updated: June 14 2007 03:00

Japan's current accountsurplus rose by a faster-than-expected 50 per cent in April from a year earlier, underlining the continued strength of exports and the contribution a weak yen is making to overseas investment income.

Flat exports to the US were offset by healthy shipments to other Asian countries, pushing the trade balance up 34.7 per cent to Y1,300bn ($10.7bn, €8bn, £5.4bn). Exports climbed7.3 per cent, while imports rose a modest 3.2 per cent.

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