S. Korea's travel account posts surplus for 3rd consecutive month in May: data

South Korea's travel account posted a surplus for the third consecutive month in May, driven by an increase in foreign visitors, government data showed Sunday.

The travel account recorded a surplus of $220.5 million in May, compared with a deficit of $820.2 million a year earlier, according to data from the Korea Tourism Organization.

It marked the third consecutive monthly surplus since March, when the account recorded a surplus of $263.8 million, snapping a 72-month streak of deficits that beg ...