NZ trade deficit narrows in November as year-earlier airport imports not repeated

Tue, 20 Dec 2016

By Tina Morrison Dec. 21 (BusinessDesk) - New Zealand's monthly trade deficit narrowed in November as imports declined from earlier periods which were boosted by aircraft arrivals. The country's trade deficit was $705 million in November, compared with a deficit of $815 million in October and $795 million in November last year, Statistics New Zealand said. The annual trade gap narrowed to $3.18 billion, from $3.27 billion in October and $3.7 billion a year earlier. Imported goods fell 6.4 percent to $4.56 billion in November from the y...

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