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Global Economic News

New Zealand Has Seasonally Adjusted NS$2.6 Billion Current Account Shortfall

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

New Zealand's seasonally adjusted current account deficit narrowed to NZ$2.6 billion, NZ$102 million smaller than the June 2018 quarter deficit (NZ$2.7 billion), Statistics New Zealand said on Wednesday.

The annual current account deficit widened to NZ$10.5 billion for the year ended September 2018 (3.6 percent of GDP) from the NZ$7.4 billion deficit for the September 2017 year (2.7 percent of GDP).

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