Japan's current-account surplus widens to ¥454.7B ($5.8B) in August from ¥436.3B a year earlier,...

|By:, SA News Editor

Japan's current-account surplus widens to ¥454.7B ($5.8B) in August from ¥436.3B a year earlier, the first such increase for 18 months as lower energy prices help offset the yen's strengthening and falling exports. Consensus was for a surplus of ¥421.1B, while the July figure was ¥625.4B. Bank of Tokyo-Mitsubishi strategist Takahiro Sekido says the number was "a temporary blip in a negative trend."