New Zealand had its largest goods deficit for any January month, at 914 million New Zealand dollars in January, Stats NZ said Wednesday, Feb. 27.
“Both imports and exports were up compared with January 2018. However, this month’s large trade deficit reflects that imports are rising much faster than exports,” international statistics manager Tehseen Islam said.
The previous record was an 894 million New Zealand dollars deficit in January 2006.
While there was a large deficit in January, monthly...
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