Japan’s current account fell from ¥4,061 billion in March to ¥3678.1 billion in April, in line with expectations.

• Goods exports improved to ¥9,559.1 billion, up 1.8% YoY, and imports increased to ¥9,042.7 billion, up 1.3% YoY.
• The services balance improved significantly from -¥175.5 billion to basically even at -¥19.2 billion.
• The primary income balance improved slightly but saw offset by a decline in the secondary income balance to -¥739.4 billion, down from -¥358.4 billion.
• Foreign direct investment was up from ¥1,480.0 billion a year ago to ¥1,734.2 billion but is lower than the previous month.