New Zealand trade deficit slumped in September

Source: RTT News
Negative trade balance of New Zealand dropped in September to $199 million, while a month earlier the deficit stood at $1.191 billion. Economists, in turn, forecasted the deficit to reach $680 million. Imports fell 1.2% on the annual basis, while exports registered a significant jump of 17%. Such a large increase of exports was reached due to rise in milk products sales abroad.

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