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Jenee Tibshraeny: NZ Herald Wellington business editor on New Zealand's account deficit remains stubbornly high

Jenee Tibshraeny: NZ Herald Wellington business editor on New Zealand's account deficit remains stubbornly high

Heather du Plessis-Allan Drive · Newstalk ZB

December 13, 20232m 59s

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Show Notes

New Zealand’s current account deficit remains stubbornly high, according to the latest data.

A new report shows the country spent $30.6 billion more on imports than it earned from exports in the year to September, the equivalent to 7.6 percent of GDP.

NZ Herald Wellington business editor Jenee Tibshraeny explains what this data means for Kiwi spending habits.

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Topics

businessmoneyGDPaccount deficit