NZ trade balance for October 2017

Deficit of 871m for the month

  • expected -760m NZD
  • prior -1143m

Exports for the month, NZD 4.56bn (expected 4.2bn)

  • Imports NZD 5.43bn ( expected 4.95bn)

NZD says ... is this thing on?

(and Stats NZ website does not seem to be on either)

Imports given a boost by surge in machinery purchase from overseas

  • Also vehicles, fuel, electrical imports all up
  • Imports +15% y/y in October