Current-account deficit narrows less than expected in third quarter
The current account is indicative of SA’s trade with the rest of the world
05 December 2019 - 12:11
SA's current-account deficit narrowed in the third quarter of 2019 by less than economists’ expectations, data from the SA Reserve Bank showed on Thursday.
The current account is indicative of SA’s trade with the rest of the world. The deficit decreased to 3.7% of GDP from 4.1% in the second quarter and below expectations of 3%, according to a Bloomberg consensus...
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