Global sharemarket boom in March quarter narrows current account deficit
Net international liabilities fell from 57.4% of GDP to 55.5%.
Nevil Gibson
Wed, 19 Jun 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The annual current account deficit narrowed by $586 million from an upwardly revised December-quarter figure to $10.6 billion in March, Stats NZ has said.
This closed the balance of payments gap to 3.6% of GDP from 3.8%. Economists said this was in line with the historical average and reflected
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Nevil Gibson
Wed, 19 Jun 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
