New Zealand Has NZD2.21 Billion Current Account Deficit

New Zealand posted a seasonally adjusted current account deficit of NZD2.21 billion in the first quarter of 2013, Statistics New Zealand said on Wednesday.That missed forecasts for a shortfall of NZD0.635 billion following the revised deficit of NZD2.54 billion in the previous three months (originally reported as a deficit of NZD3.255 billion)."Visitors to New Zealand spent more this ...