Global Economic News

Australia Current Account Deficit A$10.1 Billion

Australia saw a seasonally adjusted current account deficit of A$10.139 billion in the fourth quarter of 2013, the Australian Bureau of Statistics said on Tuesday.

That missed forecasts for a shortfall of A$10.0 billion following the upwardly revised A$12.5 billion deficit in the third quarter (originally a deficit of A$12.7 billion).

The primary income deficit climbed A$536 million or 6 percent to A$9.898 billion.

by RTTNews Staff Writer

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