New Zealand Balance of Payments Current Account for Q3

The focus is on GBP and Brexit developments, but just noting this data from NZ

Balance of Payments Current Account for Q3 Q2 is -1.619bn

  • Expected -1.315bn, prior +0.182bn

Current Account GDP Ratio YTD -3.3%

  • expected -2.9%, prior -2.8%

A miss for this and a widening of the current account deficit for NZ

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