Economic Buzz: New Zealand Posts NZ$182 Million Current Account Surplus In Q1

New Zealand unadjusted current account surplus came in at NZ$ 182 million in the first quarter of 2018, Statistics New Zealand said on Wednesday, following the NZ$ 2.745 billion deficit in the previous three months. The GDP ratio was -2.8 percent following the 2.7 percent decline in the three months prior. Seasonally adjusted, the current account deficit was a nine-year high NZ$ 3 billion.