And imports too
New Zealand trade balance for July -143m
- expected -400m, prior -113m
Exports 5.35bn
- expected 4.76bn, prior 4.91bn
Imports 5.49bn
- expected 5.20bn, prior 5.02bn
There is the concern over July trade data from around the world, not just NZ, that there is some sort of front loading going on ahead of trade war tariffs. I am not sure I am buying that (please bookmark this and rub my nose in it if August and September show me to be wrong). On the face of these numbers, the death of the NZ economy has been greatly exaggerated.
NZD has barely budged
