New Zealand posted a seasonally adjusted merchandise trade surplus of NZ$800 Million in May, Statistics New Zealand revealed on Friday.
That missed forecasts for a surplus of NZ$875 million and was down from the downwardly revised NZ$1.598 billion surplus in April (originally NZ$1.920 billion).
Exports were worth NZ$8.88 billion, up from the downwardly revised NZ$8.27 billion in the previous month (originally NZ$8.62 billion).
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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.