Free Trial

MNI:New Zealand Trade Deficit Widens Despite Record Nov Export

--First Deficit Over NZ$1B for November Month Since 2005
--Record High Export for November Month; Eighth Highest Export Ever
     SYDNEY (MNI)  - From Overseas Merchandise Trade data for November published
by Statistics New Zealand Wednesday: 
                                 November         October
---------------------------------------------------------
                          (in NZ dollars)  (in NZ dollar)
Trade Balance               -1.19 billion    -843 million
MNI Median Forecast          -500 million
Exports                      4.63 billion    4.56 billion
Imports                      5.82 billion    5.40 billion
Trade Balance - 3 Months    -3.20 billion   -3.18 million
--MNI Sydney Bureau; tel: +61 2-9716-5467; email: sophia.rodrigues@marketnews.com
[TOPICS: MTABLE,MANDS$,MMNRB$,M$A$$$,M$N$$$]

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.