Korea’s current account registers $1.61 billion surplus in September

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Korea’s current account registers $1.61 billion surplus in September

Containers stacked at a dock in Busan on Nov. 1 [YONHAP]

Containers stacked at a dock in Busan on Nov. 1 [YONHAP]

 
Korea’s current account registered a $1.61 billion surplus in September.
 
The goods surplus shrunk to $490 million in September compared to the $9.55 billion a year earlier, according to the Bank of Korea’s preliminary data Tuesday.
 
The services account deficit grew to $340 million from $60 million in the same period due to a decline in the transport account surplus.  
 
The primary income account surplus grew from $1.13 billion to $1.84 billion in the same period as income on equity increased.  
 

BY JIN MIN-JI [jin.minji@joongang.co.kr]
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