Economy

xchrom

(108,903 posts)

16. Japan posts surprise trade surplus in February

Thu Mar 22, 2012, 06:22 AM

Mar 2012

http://www.bbc.co.uk/news/business-17470616

Japan posted a surprise trade surplus in February, after a record high deficit the previous month, as external demand picked up.

The surplus stood at 32.9bn yen ($394m; £248m), the Ministry of Finance said. In January the deficit came in at 1.5tn yen.

Japan has had to increase energy imports, as most of its nuclear reactors remain shut.

Analysts said this was not necessarily a sign of a swing to surplus for Japan.

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