Global Economic News

New Zealand Q3 Current Account Deficit Seasonally Adjusted NS$2.6 Billion

New Zealand's seasonally adjusted current account deficit narrowed to NZ$2.6 billion in the third quarter of 2018, 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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by RTTNews Staff Writer

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