Japan's current account surplus shrank 63.1 percent in the first half of 2022 from a year earlier to 3.51 trillion yen ($25.9 billion), influenced by a major goods trade deficit stemming largely from a higher oil price and the weak yen, the Finance Ministry said Monday. The fall in the current account surplus was the second steepest for a half-year period following the second half of 2008 when a global financial crisis sparked by the collapse of U.S. securities firm Lehman Brothers Holdings Inc., according to the ministry's preliminary report.

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