New Zealand posted a merchandize trade deficit of NZ$1.560 billion in September, Statistics New Zealand said on Thursday - representing 36 percent of exports.
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.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.