Japan sees 1st current account deficit in 9 months in October

Japan posted a current account deficit of 64.1 billion yen ($470 million) in October, its first red ink in nine months, the Finance Ministry said Thursday.

Among key components, the country had a goods trade deficit of 1.88 trillion yen and a services trade deficit of 722.4 billion yen, according to preliminary data released by the ministry.

Primary income, which reflects returns on overseas investments, posted a surplus of 2.83 trillion yen.

© Kyodo News