WASHINGTON — The U.S. current account deficit increased to $124.1 billion in the fourth quarter of 2011, the Commerce Department reported Wednesday.The increase comes after a third-quarter deficit of $107.6 billion, revised downward from the originally reported figure of $110.3 billion.

The deficit was greater than the median estimate of a $114.2 billion deficit seen by economists polled by Thompson Reuters, and was the largest since the fourth quarter of 2008, when it was $151.0 billion, the department said.

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