Trade balance in New Zealand increased in December

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Source: Forexpros
The trade balance of New Zealand increased unexpectedly in December, reported Statistics New Zealand. The trade balance soared to NZD 338 million from November's reading of NZD 308 deficit. Experts projected a deficit of NZD 50 million. Exports hit the record of NZD 4.38 billion from NZD 3.91 billion in November, while imports declined from a record high NZD 4.22 billion in November to NZD 3.98 billion last month.


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