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China's Quarterly Current Account Surplus Expands in Q2

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China's current account registered a surplus of $195.1 billion in the second quarter, according to data from the State Administration of Foreign Exchange on Friday.

The reading compared with a $184.3 billion surplus reported in the prior quarter.

In renminbi terms, the current account surplus stood at 1.334 trillion yuan.

The goods account logged a surplus of $278.9 billion, versus $247.5 billion in the previous quarter, while the services account recorded a deficit of $52.4 billion, compared with $59.6 billion in the first quarter.

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New Zealand Supermarkets See Grocery Supplier Costs Rise Nearly 2% Year Over Year in July, Infometrics Says

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