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From Times Staff and Wire Reports
Japan’s Current Account Surplus Up 15% in November: The increase from the same month last year reversed a three-month decline, the Finance Ministry said. Still, the ministry said, the long-term trend points to a decreasing surplus in the current account, a measure of spending on nearly all goods and services. The November surplus was $9.67 billion. After adjusting for seasonal factors, that was 36% higher than October’s figure, partly due to a jump in Japan’s trade surplus, a key component of the current account.
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