New Zealand's trade surplus grew in April

Note: This section contains information in English only.
Source: Marketwatch
The trade surplus of New Zealand widened in April on a monthly basis, but was below forecasts. The country's trade surplus approached 355 million New Zealand Dollars in April as compared to 186 million New Zealand Dollars in March. However, analysts expected the trade balance to indicate a surplus of 475 million New Zealand Dollars. Considering yearly moves, the trade balance remained in deficit of 251 million New Zealand Dollars in April as dairy and commodity prices continued to soften.


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