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Current account deficit 'reflects growing economy'

Wednesday, 18 March, 2015 - 10:45

New Zealand's seasonally adjusted current account balance was a deficit of $2.6 billion in the December 2014 quarter, Statistics New Zealand said today. This compares with a deficit of $2.4 billion in the September 2014 quarter.

Current account deficit widens

Wednesday, 17 December, 2014 - 10:45

New Zealand's seasonally adjusted current account balance was a deficit of $2.5 billion in the September 2014 quarter, Statistics New Zealand said today. This is $490 million larger than the June 2014 quarter deficit.

Falling goods exports drive rise in current account deficit

Wednesday, 17 September, 2014 - 10:45

New Zealand's seasonally adjusted current account balance was a deficit of $2.0 billion in the June 2014 quarter, Statistics New Zealand said today. This was $1.4 billion larger than the March 2014 quarter deficit.

Current account deficit falls again

Wednesday, 18 June, 2014 - 10:45

New Zealand's seasonally adjusted current account balance was a deficit of $0.6 billion in the March 2014 quarter, Statistics New Zealand said today. This is $0.3 billion smaller than the December 2013 quarter deficit.

Imports drive larger current account deficit

Wednesday, 18 December, 2013 - 10:45

New Zealand's seasonally adjusted current account deficit was $2.6 billion in the September 2013 quarter, Statistics New Zealand said today. This is a $0.3 billion larger deficit than in the June 2013 quarter, and the largest current account deficit since the December 2008 quarter.

BNZ Daily Markets Wrap and Strategy

Wednesday, 18 December, 2013 - 08:37

NZD

The NZD/USD sits at a similar level as yesterday morning, at 0.8250, having traded above 0.8280 overnight.

BNZ Daily Markets Wrap and Strategy

Tuesday, 17 December, 2013 - 07:31

NZD

The NZD/USD has traded to either side of 0.8250 and 0.8280 over the past 24-hours, trading around 0.8250 at present.

Smaller current account deficit as exports rise

Wednesday, 19 June, 2013 - 10:45

Increased exports of dairy products, together with the rising spending by overseas visitors, saw New Zealand’s seasonally adjusted current account deficit fall $0.3 billion in the March 2013 quarter, Statistics New Zealand said today.

Manufacturing 'languishes for four years under National'

Monday, 10 June, 2013 - 12:15

Manufacturing continues to languish under National’s economic management, the Green Party said today.

Annual current account deficit up as exports fall

Wednesday, 20 March, 2013 - 10:52

New Zealand's current account deficit for the year ended December 2012 was $10.5 billion (5.0 percent of GDP), Statistics New Zealand said today.

A current account deficit means the rest of the world earned more from New Zealand than New Zealand earned from overseas.