New Zealand trade balance for November 252m
expected NZD 255m, prior NZD -501.
exports NZD 5.20bn vs expected NZD 5.21bn, prior NZD 4.78bn
imports NZD 4.95bn vs. expected NZD 4.95bn, prior NZD 5.29bn
Barely different to expectations for the balance and exports, imports in line.
Yesterday's Q3 GDP data for NZ painted a picture of an economy bouncing strongly out of lockdown. Economic growth in the country is up y/y, which can't be said for many others.
