WELLINGTON, June 15 (Reuters) - New Zealand posted a quarterly...

  1. 68,069 Posts.
    lightbulb Created with Sketch. 460

    WELLINGTON, June 15 (Reuters) - New Zealand posted a quarterly current account surplus in line with expectations, official data showed on Wednesday.

    The actual quarterly surplus was NZ$1.306 billion ($912.24 million) in the three months to March, from a deficit of NZ$2.614 billion in the previous quarter.

    The seasonally adjusted quarterly deficit was NZ$1.495 billion from NZ$1.948 billion in the previous quarter.

    The annual deficit to March was NZ$7.504 billion, equating to 3 percent of gross domestic product. The full data is available at http://www.stats.govt.nz

    ($1 = 1.4316 New Zealand dollars)

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.