NZ November trade deficit narrows as stink bug discovery blocked imports

Wed, 19 Dec 2018

By Rebecca Howard Dec. 20 (BusinessDesk) - New Zealand's trade deficit narrowed in November as a stink bug discovery reduced imports, while exports rose sharply. The November deficit was a seasonally adjusted $402 million versus a deficit of $707 million in October, Statistics New Zealand said. The annual deficit was $5.4 billion, also in line with expectations. November imports eased 0.6 percent on the year to $5.8 billion with the largest fall being in passenger motor car imports, down 35 percent due to a delay in final unloading of...

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