WELLINGTON, Dec 22 (Reuters) - The New Zealand current
account balance for the third quarter and year ended Sept 30 was
released by Statistics New Zealand on Monday.
Economists polled by Reuters had forecast an actual deficit for the quarter of NZ$6 billion and of NZ$15.5 billion for the year, with the deficit put at 8.6 percent of GDP.
(All numbers in NZ$ millions unless specified. Previous figures, now revised, in brackets).
QTRLY BALANCE OF PAYMENTS MAJOR COMPONENTS (ACTUAL)
Sept-08 qtr Jun-08 qtr Sept-07 qtr
Current account -5,994 -3,925 (-3,911) -5,467
Goods -2,049 -79 (-68) -1,632
Services -982 -518 (-444) -649
Investment income -3,248 -3,644 (-3,714) -3,446
Current transfers +286 +315 +259
Capital account -200 -241 -175
QTRLY BALANCE OF PAYMENTS MAJOR COMPONENTS (S/ADJUSTED)
Sept-08 qtr Jun-08 qtr Sept-07 qtr
Current account -4,079 -4,650 (-4,623) -3,826
Goods and services -1,135 -1,295 (-1,206) -651
Income and current -2,944 -3,355 (-3,417) -3,175
YEARLY BALANCE OF PAYMENTS MAJOR COMPONENTS (ACTUAL)
Yr to Sept-08 Yr to Jun-08 Yr to Sept-07
Current account -15,509 -14,982 (-14,967) -14,892
Goods -2,262 -1,845 (-1,834) -3,174
Services -471 -138 (-64) +430
Investment income -13,662 -13,860 (-13,930) -12,795
Current transfers +887 +860 +647
Capital account -807 -783 -701
Balance to GDP (pct) -8.6 -8.4 -8.7
Statistics New Zealand said fourth quarter current account data would be released on March 26, 2009.
($1=NZ$1.74) Keywords: NEWZEALAND ECONOMY/CURRENTACCOUNT (Wellington newsroom, tel +64 4 471-4234, fax +64 4 473 6212, wellington.newsroom@reuters.com) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Economists polled by Reuters had forecast an actual deficit for the quarter of NZ$6 billion and of NZ$15.5 billion for the year, with the deficit put at 8.6 percent of GDP.
(All numbers in NZ$ millions unless specified. Previous figures, now revised, in brackets).
QTRLY BALANCE OF PAYMENTS MAJOR COMPONENTS (ACTUAL)
Sept-08 qtr Jun-08 qtr Sept-07 qtr
Current account -5,994 -3,925 (-3,911) -5,467
Goods -2,049 -79 (-68) -1,632
Services -982 -518 (-444) -649
Investment income -3,248 -3,644 (-3,714) -3,446
Current transfers +286 +315 +259
Capital account -200 -241 -175
QTRLY BALANCE OF PAYMENTS MAJOR COMPONENTS (S/ADJUSTED)
Sept-08 qtr Jun-08 qtr Sept-07 qtr
Current account -4,079 -4,650 (-4,623) -3,826
Goods and services -1,135 -1,295 (-1,206) -651
Income and current -2,944 -3,355 (-3,417) -3,175
YEARLY BALANCE OF PAYMENTS MAJOR COMPONENTS (ACTUAL)
Yr to Sept-08 Yr to Jun-08 Yr to Sept-07
Current account -15,509 -14,982 (-14,967) -14,892
Goods -2,262 -1,845 (-1,834) -3,174
Services -471 -138 (-64) +430
Investment income -13,662 -13,860 (-13,930) -12,795
Current transfers +887 +860 +647
Capital account -807 -783 -701
Balance to GDP (pct) -8.6 -8.4 -8.7
Statistics New Zealand said fourth quarter current account data would be released on March 26, 2009.
($1=NZ$1.74) Keywords: NEWZEALAND ECONOMY/CURRENTACCOUNT (Wellington newsroom, tel +64 4 471-4234, fax +64 4 473 6212, wellington.newsroom@reuters.com) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.