14.03.2017 23:00:24

New Zealand Has NZ$1.599 Billion Current Account Deficit

(RTTNews) - New Zealand has a seasonally adjusted current account deficit of NZ$1.599 billion in the fourth quarter of 2016, Statistics New Zealand said on Wednesday.

That followed the NZ$2.019 billion shortfall in the three months prior.

The primary income deficit fell NZ$140 million to NZ$2.043 billion. Secondary income increased by NZ$236 million to a surplus of NZ$68 million.

The services surplus increased by NZ$174 million to NZ$1.208 billion.