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New Zealand's Current Account Gap Shrinks Amid Tourist Spending

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    New Zealand's current account deficit narrowed last quarter, as spending by international visitors reached a record high in 2015. The current account gap contracted from $4.74 billion in the third quarter to $2.61 billion in the three months ended December, according to Statistics New Zealand. The annual current account deficit[​IMG]

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