Financial Times FT.com

Japan's surplus hits record high

By Michiyo Nakamoto in Tokyo and Eoin Callan in Washington

Published: May 15 2007 03:00 | Last updated: May 15 2007 03:00

Japan's current account surplus soared to a record in March, surpassing levels last seen during the peak of economic friction between Japan and the US in the 1980s.

The surplus rose 37 per cent in March to an annual record of Y21,253bn ($176.4bn), while its trade surplus rose 62 per cent toa monthly record of Y1,782bn, according to figures releasedyesterday.

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