21. A deep, long-lasting recession could make the projected surpluses shrink or vanish. 22. But the ministry cautioned that the surplus could shrink in coming months, especially if the U.S. economy deteriorates, eating into demand for Japanese goods. 23. But with recent government measures helping to boost construction activity and housing demand, the current account surplus will likely shrink slightly this fiscal year, analysts said. 24. Even in dollar terms, the overall surplus has been shrinking for the last six months. 25. The surplus has also shrunk as the global economy slowed in response to the depressed information technology sector. 26. The surplus had shrunk for five months between December and April. 27. In yen terms, the surplus shrank for the third consecutive half-year period. 28. The surplus with Asia shrank for the first time for more than two years. 29. Norwegian current account surplus shrinks six oil after Saudi Arabia and Russia. |