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New Zealand February trade deficit narrows, exports and imports both beat expectations

New Zealand February trade data:

  • balance -NZ$257M vs -NZ$740M expected (prev. -NZ$519M)
  • imports NZ$6.89B vs NZ$6.20B expected (prev. NZ$6.73B)
  • exports NZ$6.63B vs NZ$6.60B expected (prev. NZ$6.21B)

Statistics New Zealand reported the annual trade deficit stood at NZ$3B.

This article was written by Eamonn Sheridan at investinglive.com.

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