Australia Q4 current account deficit A$7.2 bln
SYDNEY, March 5 (Reuters) - Australia's balance of payments
data for the December quarter, released by the Australian Bureau
of Statistics on Tuesday.
(in A$ billion, current prices)
Seasonally adjusted Q4
Current account balance -7.203
Goods, services balance +8.425
The bureau said net exports could detract 0.2 percentage
points from fourth-quarter gross domestic product, which is due
Forecasts centred on a deficit of A$9.2 billion, and net
exports to subtract 0.1 percentage points from growth, a Reuters
Australia's net foreign debt stood at A$1.08 trillion.
For details, see the Australian Bureau of Statistics Web
site at http://www.abs.gov.au.
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