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27.02.2017 23:44:43
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New Zealand Has NZ$285 Million Trade Deficit
(RTTNews) - New Zealand had a merchandise trade deficit of NZ$285 million in January, Statistics New Zealand said on Tuesday.
That missed forecasts for a shortfall of NZ$25 million following the NZ$36 million deficit in December.
Exports were up 0.3 percent on year to NZ$3.91 billion - beating forecasts for NZ$3.90 billion but down from NZ$4.38 billion in the previous month.
Imports jumped an annual 8.0 percent to NZ$4.19 billion versus expectations for NZ$3.90 billion and down from NZ$4.42 billion a month earlier.
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