New Zealand data: March Exports 6.51bn (5.23bn prior) & Imports 7.78bn (prior 5.95bn)

Trade data from New Zealand for March 2023.

A big jump from February for both exports and imports. The rise for imports is indicative of some strength in the NZ economy.

Earlier from New Zealand today:

• More on the Reserve Bank of New Zealand proposing an easing of LVR restrictions
• Magnitude 5.2 earthquake strikes North Island of New Zealand