New Zealand posted a merchandise trade deficit of NZ$402 million in July, Statistics New Zealand said on Wednesday.
That follows the downwardly revised NZ$245 million trade surplus in June (originally NZ$261 million).
Exports jumped NZ$760 million or 15 percent on month to NZ$5.75 billion, down from the upwardly revised NZ$5.96 billion in the previous month (originally NZ$5.95 billion).
Imports spiked NZ$1.6 billion or 35 percent on month to NZ$6.16 billion, up from the upwardly revised NZ$5.71 billion a month earlier (originally NZ$5.69 billion).
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2181613/
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