Current acct deficit $14.9b in Sept qtr
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AAP
2012-12-04
Australia's current account deficit widened to $14.9 billion in the September quarter, seasonally adjusted.
This followed an upwardly revised deficit of $12.369 billion in the June quarter, the Australian Bureau of Statistics (ABS) said on Tuesday.
The median market forecast was for a deficit of $14.6 billion in the September quarter.
The deficit on goods and services in chain volume terms (adjusted for price changes) increased $490 million, which would add 0.1 percentage points to growth in the September quarter measure of gross domestic product (GDP), the ABS said.
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