Japan logs biggest current account deficit since 2014 as oil import costs surge

March 08, 2022 9:19 AM

TOKYO (REUTERS) – Japan recorded its largest current account deficit since the start of 2014 in January as a jump in oil import costs offset gains in investment incomes, with continuing uncertainty due to the Ukraine crisis and Covid-19 pandemic.

Source : https://www.straitstimes.com/business/economy/japan-logs-biggest-current-account-deficit-since-2014-as-oil-import-costs-surge