Current account deficit remains steady at three-year lows
Net liabilities rise to 57% of GDP, the highest in two years.
Nevil Gibson
Wed, 20 Mar 2019
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The seasonally adjusted current account deficit of $2.5 billion at December 31, 2018, is largely unchanged from the previous September quarter, Stats NZ says.
Decreased dairy and meat product exports widened the goods deficit to $1.0b due to lower dairy prices and smaller meat volumes.
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Nevil Gibson
Wed, 20 Mar 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
