Australia data preview - Q4 current account due Tuesday (GDP data input)

October to December quarter current account Australia coming up on Tuesday 5 March 2018

• Due at 0030 GMT

Preview via ANZ:

• We expect the current account deficit to have widened to AUD13.5bn in Q4 (3.0% of GDP) from a deficit of AUD9.1bn (2.0% of GDP) in Q3.
• This largely reflects the turnaround in the trade balance, which swung from a AUD1.95bn surplus in Q3 to a deficit of AUD0.6bn in Q4.
• We expect the net income deficit to have widened slightly as a percentage of GDP