New Zealand October trade improves, both imports and exports higher m/m

New Zealand Imports in October, 8.04bn NZD

• prior 7.17bn

Exports 6.5bn

• prior 5.7bn

Trade Balance is a deficit of -1542mn for the month

• prior -1335mn

The trade balance YTD is a deficit of 2.28bn NZD

• prior -2.39bn

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The kiwi $ is barely moved on the data, it was sold off alongside other ‘risk’ on Thursday, US time.

This article was written by Eamonn Sheridan at investinglive.com.