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2018.10.2418:45:00UTC+00New Zealand Has NZ$1.560 Billion Trade Deficit

New Zealand had a merchandize trade deficit of NZ$1.560 billion in September, Statistics New Zealand said on Thursday.

That missed expectations for a shortfall of NZ$1.365 billion following the 1.484 billion deficit in August.

Exports climbed an annual 14.0 percent to NZ$4.33 billion, beating forecasts for NZ$4.20 billion and up from NZ$4.05 billion in the previous month.

Imports jumped 19.0 percent on year to NZ$5.89 billion versus forecasts for NZ$5.60 billion and up from NZ$5.54 billion a month earlier.

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