New Zealand had a seasonally adjusted current account deficit of NZ$1.9 billion in the fourth quarter of 2019, Statistics New Zealand said on Wednesday.
The seasonally adjusted goods deficit narrowed to NZ$845 million, while the services surplus widened to NZ$1.1 billion.
The primary income deficit narrowed to NZ$2.1 billion and the financial account recorded a net inflow of NZ$1.1 billion.
The current account deficit for the year ended December 2019 narrowed to NZ$9.2 billion (3.0 percent of GDP) from the NZ$11.4 billion deficit for the December 2018 year (3.8 percent of GDP).
New Zealand's net international liability position was NZ$170.9 billion, down from NZ$171.2 billion at 30 September 2019.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2153687/
No comments:
Post a Comment