Jan 30, 2014
New Zealand trade balance at the upper end of expectations
New Zealand trade balance (YoY) for Dec came at $-0.26B vs $-0.18B expected and $-0.25B last, with the monthly reading standing at $523M vs 600M expected and $183M last. Eports (Dec) contributed to the increase/reduction in the trade balance by $4.76B vs $4.6B expected and $4.5B last, with imports coming at $4.24B v $4.1B expected vs $4.3B prior.
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