FX.co ★ New Zealand Q1 Current Account Deficit Close to Estimates

New Zealand recorded a current account deficit of NZD 1.01 billion in the first quarter of 2026, narrowing from a downwardly revised NZD 5.64 billion in the previous quarter but increasing from a NZD 0.71 billion shortfall in the same period a year earlier. The latest deficit came in slightly below market expectations of a NZD 1.03 billion gap.