NZ: Current account balance flipped from deficit to surplus – ANZ

Analysts at ANZ suggest that as it typically does in Q1, the New Zealand’s unadjusted current account balance flipped from deficit to surplus (to +$0.2bn from -$2.8bn in Q4). Key Quotes “This was a slightly narrower surplus than we expected (by $0.1bn), contributing to a slightly wider annual deficit than we had pencilled in, at […]

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