New Zealand Balance of Payments Current Account for Q1
An improvement and better than expected.
BoP current account balance NZD 0.675bn
- expected 0.16bn, prior -3.256bn
Q1 current account has come in to -3.6% of GDP from its Q4 2018 -3.8% (ie a smaller deficit as a % of GDP).
Current account to GDP -3.6%
- expected -3.5%, prior -3.8%