New Zealand trade balance for April NZD +584mn
prior NZD -392mn
exports +631bn NZD
prior NZD 6.67bn
imports +5.73bn NZD
prior NZD 7.06bn
A significant drop in imports shifts the monthly trade balance into surplus.
NZD/USD barely moved:
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New Zealand trade balance for April NZD+584 mn (vs. prior NZD -392mn)
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