will be three-to-six months before we see a substantial pickup in
Takahiro Sekido, a strategist in Tokyo at Bankof Tokyo-Mitsubishi UFJ Ltd. who formerly worked at the Bankof Japan, said before the report.
current-account positionprovides another incentive for Abe to continue his campaign.
The yen has depreciated more than 14 percent since mid-November when the previous government announced anelection that brought Abe to power. The currency was 0.1percent higher at 93.58 per dollar as of 11:08 a.m. in Tokyo. TheNikkei 225 Stock Average was 1.1 percent lower after falling 0.9percent yesterday. The benchmark was headed for its 13thweek of gains.The last consecutive monthly current-account deficit was inFebruary 1981, according to the ministry. The 2012 annual currentsurplus of 4.7 trillion yen was the lowest since at least 1985,falling 51 percent from the previous year, the ministry said. Thecalculation method was changed in 1985, according to theministry.