CANBERRA, Australia (AP) - Australia's current account deficit stretched to a record 11.6 billion Australian dollars (US$7 billion) from the impact of the drought, slow global growth and a high demand for imports, official figures showed Monday.
The deficit jumped 40 percent in the October-December period from A$8.3 billion (US$5.4 billion) in the previous quarter, the Australian Bureau of Statistics said.
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