Japan's Nov current account surplus rises 75% on falling energy prices

Falling energy prices?

I don’t notice any difference in pump prices here in Japan.

I do notice that the weather has become more wet and mild than I am used to (in the winter) though...

Nice bit of sugar-coated reporting. Comparing the surplus with a year ago conveniently hides all the slides in the past year/s.

both exports and imports are plunged, but we have a positive headline, kyodo pushing the boundaries of positivism and polyanna attitude.

If volatile food prices are not added to these indexes, might as leave oil out as well...and coal?

And the average Japanese worker continues to need 100% of monthly income to sustain a moderate lifestyle. Measurements... whatever, rigged game.

Bullish on Japan.

Many countries would be envious....

That's for sure. The numbers bolster Japan's status as the world's biggest creditor nation and the yen's status as global investors' favorite safe-haven currency.

 "Comparing the surplus with a year ago conveniently hides all the slides in the past year/s."

Huh? I guess you didnt read the second sentence:

*"... marking the 65th consecutive month of black ink..."*

Japan's Nov current account surplus rises 75%

In other words, Japan got richer.

Excellent news. The increasing huge Current Account Surplus essentially indicates Japan is more than paying her way, and the economy looks in good health.

Watch that yen appreciate due to "safe haven status" becoming even safer. And watch the surplus soar with the massive tourist influx in 2020!

IF there is a surplus, then why the 10% tax, recall back to 8% no reason to leave at 10% but that yen back into our pockets

JeffLeeToday 06:37 am JST

 "Comparing the surplus with a year ago conveniently hides all the slides in the past year/s."

Huh? I guess you didnt read the second sentence:

JeffLee - As above , Many on here have a problem with comprehension and a lack of understanding of economics and have for years.

Many countries would be envious of this "marking the 65th consecutive month of black ink, the Finance Ministry said in a preliminary report".

Many stuck in the Red !