New Zealand Q3 BoP Current Account: NZD - 6.149bn, wore than expected
- expected deficit of 5.935bn NZD
- Q2 was a deficit of 1.619bn NZD
-3.6% of GDP,
- expected -3.6%, prior -3.3%
Q3 saw higher oil prices and lower dairy prices, the combination contributing to a widening deficit for NZ.
more to come
