Japan Trade Surplus Rises in December but Dips for Year
- Share via
TOKYO — Japan said Friday that its trade surplus in December was nearly $1 billion more than the same month in 1987, but for the year slipped 2% to $94.79 billion.
The December trade surplus rose to $10.93 billion from $9.96 billion in the year-earlier month, the government said.
The broader-based December current account surplus, which includes trade in both goods and services, fell to $9.27 billion from $9.44 billion in the year-earlier month. This was still above the previous month’s $6.76 billion.
For the whole year, Japan’s trade surplus in goods and services fell nearly 9%, but economists see little hope for any cut in the surplus in 1989.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
