Stripped of the “blip” of reinsurance payments to cover the Canterbury earthquakes, New Zealand's current account balance has worsened again.
Rob Hosking Wed, 22 Jun 2011
Stripped of the “blip” of reinsurance payments to cover the Canterbury earthquakes, New Zealand’s current account balance has worsened again.
The year to March shows a current account deficit of 4.3% of GDP, a small increase on the previous total of 4.1%.
The figure is more than slightly
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