New Zealand posted a merchandise trade deficit of NZ$1.242 billion in September, Statistics New Zealand said on Wednesday.
That exceeded expectations for a shortfall of NZ$1.375 billion following the NZ$1.565 billion deficit in August.
Exports were up 5.1 percent on year to NZ$4.47 billion, beating forecasts for NZ$4.30 billion and up from NZ$4.13 billion in the previous month.
Imports fell an annual 2.1 percent to NZ$5.71 billion versus expectations for NZ$5.70 billion and up from NZ$5.69 billion a month earlier.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.