Economic Buzz: New Zealand Posts NZ$2.144 Billion Trade Deficit In August

Economic Buzz: New Zealand Posts NZ$2.144 Billion Trade Deficit In August

Sep 24, 2021 11:09 IST capital market

New Zealand posted a record monthly merchandise trade deficit of NZ$2.144 billion in August, Statistics New Zealand said on Friday, following the upwardly revised NZ$397 million shortfall in July (originally -NZ$402 million). Imports were worth NZ$6.49 billion following the upwardly revised NZ$6.17 billion in the previous month (originally MZ$6.16 billion). Exports came in at NZ$4.35 billion, down sharply from the upwardly revised NZ$5.77 billion a month earlier (originally NZ$5.75 billion). The annual goods trade balance was a deficit of NZ$2.9 billion.

Powered by Commodity Insights

Related Story

Open Free Demat Account (Rs699)
Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity