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To: Johnny Canuck who wrote (32254)	5/14/2001 10:55:48 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68358

Japan's current account surplus fell on a year-over-year basis for a fourth straight month in March, edging down 0.6 percent. The surplus in the current account, which is the broadest measure of Japan's trade with the rest of the world, stood at 1.304 trillion yen in March before a seasonal adjustment, wider than expected by surveyed economists who estimated a surplus of 1.19 trillion yen. The Ministry of Finance also announced that Japan's current account surplus for the last fiscal year, ended in March, stood at 12.07 trillion yen, down 4.5 percent from a year earlier. The current account measures trade in goods, services, tourism, and investment. It is calculated by determining the difference between Japan's income from foreign sources versus payments on foreign obligations, and excludes net capital investment. schaeffersresearch.com