{"id":27322,"date":"2025-09-17T07:32:08","date_gmt":"2025-09-17T07:32:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/27322\/"},"modified":"2025-09-17T07:32:08","modified_gmt":"2025-09-17T07:32:08","slug":"new-zealand-current-account-gap-narrows-sharply-on-temu-effect","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/27322\/","title":{"rendered":"New Zealand Current Account Gap Narrows Sharply on Temu Effect"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">New Zealand\u2019s current account deficit has narrowed dramatically after a downward revision to imports because of more low-value parcels arriving from e-commerce retailers like Temu.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The deficit declined to a four-year low of 3.7% of gross domestic product in the 12 months through June, Statistics New Zealand said Wednesday in Wellington. The deficit in the 12 months ended March was revised to 4.2% from 5.7%.<\/p>\n","protected":false},"excerpt":{"rendered":"New Zealand\u2019s current account deficit has narrowed dramatically after a downward revision to imports because of more low-value&hellip;\n","protected":false},"author":2,"featured_media":27323,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,5261,7123,12758,4568,1951,219,12410,266,3215,111,139,69,27154,10097],"class_list":["post-27322","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-currency","tag-current","tag-e-commerce","tag-earnings","tag-economics","tag-economy","tag-gdp","tag-government","tag-imports","tag-new-zealand","tag-newzealand","tag-nz","tag-statistics-new-zealand","tag-tourism"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/27322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=27322"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/27322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/27323"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=27322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=27322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=27322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}