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International

New Zealand posts monthly trade surplus of NZ$127m in June

Published Mon, Jul 25, 2016 · 11:19 PM
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[WELLINGTON] New Zealand posted a monthly trade surplus of NZ$127 million (S$121.1 million) in June, data from Statistics New Zealand showed on Tuesday, while the annual deficit was NZ$3.3 billion.

Economists polled by Reuters had forecast a monthly surplus of NZ$150 million and an annual deficit of NZ$3.3 billion.

Exports totalled NZ$4.26 billion for the month while imports were NZ$4.13 billion.

REUTERS

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