— See Separate Table For Details Of Individual Forecasts
TOKYO (MNI) – The following are the median forecasts for Japanese
economic data due in the coming week provided by economists surveyed by
MNI.
The current account surplus is forecast at Y464.1 billion, up 9.5%
on year, which would be the first year-on-year rise in 14 months, thanks
to a steady gain in income surplus.
The trade balance is forecast to show a deficit of Y451.8 billion,
due to continued high costs of energy imports. after marking surpluses
in both March and February.
The income account, the largest component of the current account,
is expected to show a surplus of Y1.360 trillion, up 4.4% on year, which
would be the 13th straight year-on-year gain.
Friday, June 8, 0850 JST (2350 GMT Thursday): The Ministry of
Finance releases the April current account balance. Forecasts: a current
account surplus of Y464.1 billion, up 9.5% on year, the first rise in 14
months; a trade deficit worth Y451.8 billion, compared with a deficit of
Y412.0 billion a year before; an income account surplus of Y1.360
trillion, up 4.4% y/y.
skodama@marketnews.com
** MNI Tokyo Newsroom: 81-3-5403-4838 **
[TOPICS: M$J$$$,M$A$$$,MAJDS$]
