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29.01.2018 23:05:39
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New Zealand Swings To NZ$640 Million Trade Surplus
(RTTNews) - New Zealand saw a NZ$640 million trade surplus in December, Statistics New Zealand said on Tuesday.
That beat expectations for a deficit of NZ$125 million following the NZ$1.233 billion shortfall in November.
Exports surged an annual 26 percent to a record NZ$5.55 billion in December - surpassing expectations for NZ$5.00 billion and up from NZ$4.63 billion in the previous month.
Imports climbed 11 percent on year to NZ$4.91 billion versus forecasts for NZ$5.10 billion and down from NZ$5.84 billion a month earlier.
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