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Export income drop widens current account deficit

Overall debt increased to 56.3% of GDP in the September quarter.

Wed, 18 Dec 2019

The seasonally adjusted current account deficit widened to $2.7 billion in the September quarter, largely caused by a decline in export income.

However, the increase of $339m wasn't enough to change the closely watched ratio to GDP, which remained at 3.3% compared with the revised figure at June

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Export income drop widens current account deficit
Business,
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