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flag Japan records first current account deficit in two years, largely due to a surge in imports.

flag Japan reported its first current account deficit in two years in January, with a deficit of 257.6 billion yen. flag The trade deficit widened by 92.9% to 2.9379 trillion yen, due to the timing of the Chinese Lunar New Year, which disrupted exports and boosted imports. flag Despite a 2.1% rise in exports, imports surged by 17.7%. flag The travel balance saw a significant 80% increase to a surplus of 708.3 billion yen.

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