September 2018 New Zealand trade balance data
Prior was -$1484m (revised to -$1470m)
Exports $4.33B vs $4.20B exp
Imports $5.89B vs $5.60B exp
Trade balance YTD $5188m vs -$5015m expected (prior was -$4814m)
If you're going to miss on trade deficit, it's better when it's on higher imports rather than any kind of drop in exports. Still, this isn't going to do the kiwi any favors.
