The current account figures out this morning should cause a few knotted eyebrows.The deficit for the 2009 calendar year shrank to 2.9% of GDP. It has been slowly shrinking since 2006 when it almost hit 9% of GDP.So the trend is in the right direction &nda
Rob Hosking Wed, 24 Mar 2010
The current account figures out this morning should cause a few knotted eyebrows.
The deficit for the 2009 calendar year shrank to 2.9% of GDP. It has been slowly shrinking since 2006 when it almost hit 9% of GDP.
So the trend is in the right direction – it just isn’t going far or fast enough. The
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).