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
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.
This
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
