imageWELLINGTON: New Zealand posted a monthly trade surplus of NZ$117 million ($80.7 million) in March, data from Statistics New Zealand showed Wednesday.

The result left the country's annual trade deficit at NZ$3.838 billion, the largest in seven years.

Economists polled by Reuters had forecast a monthly surplus of NZ$475.5 million and an annual deficit of NZ$3.56 billion.

Exports totalled NZ$4.2 billion while imports were NZ$4.09 billion.

Copyright Reuters, 2016

Comments

Comments are closed.