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29.01.2017 23:17:11
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New Zealand Has NZ$41 Million Trade Deficit In December
(RTTNews) - New Zealand had a merchandise trade deficit of NZ$41 million in December, Statistics New Zealand said on Monday.
That beat forecasts for a deficit of NZ$98 million following the NZ$705 million shortfall in November.
Exports were down NZ$41 million or 0.9 percent on year to NZ$4.4 billion. That topped estimates for NZ$4.23 billion and was up from NZ$3.86 billion in the previous month.
Imports slipped NZ$42 million or 0.9 percent on year to NZ$4.4 billion versus forecasts for NZ$4.34 billion and down from NZ$4.56 billion a month earlier.
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