Global Economic News

New Zealand Q4 Current Account Deficit NZ$2.5 Billion

New Zealand posted a seasonally adjusted current account deficit of NZ$2.5 billion in the fourth quarter of 2018, Statistics New Zealand said on Wednesday.

The current account deficit for the year ended December 2018 widened to NZ$11.0 billion (3.7 percent of GDP) from the NZ$8.2 billion deficit for the December 2017 year (2.9 percent of GDP).

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by RTTNews Staff Writer

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