FOREX TradingCharts.com

Financial News: New Zealand Trade Gap Narrows In September

New Zealand Trade Gap Narrows In September

10/22/2024 - 01:40:00 (RTTNews)

(RTTNews) - New Zealand's trade deficit narrowed in September on a rebound in exports, data from Statistics New Zealand showed on Tuesday.

The trade deficit fell to NZ$2.11 billion in September from NZ$2.31 billion in August. In the same period last year, the deficit was NZ$2.4 billion.

On a yearly basis, exports advanced 5.2 percent from a year ago, in contrast to the 2.5 percent fall in August. The increase was driven by higher shipment of fruits, milk products and wood articles.

At the same time, the decline in imports eased to 0.9 percent from 1.2 percent.

In the September quarter, goods exports fell 0.5 percent sequentially, while imports gained 2.4 percent. As a result, the trade deficit widened to NZ$2.8 billion from NZ$2.3 billion in the preceding quarter.

Further, in the year ended September 2024, the trade deficit declined sharply to NZ$9.1 billion from NZ$15.4 billion in the previous year due to the 8.4 percent fall in imports. Exports posted an annual fall of 1.2 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Malaysia Maintains Key Policy Rate As Expected (01 hr(s), 41 min(s), 55 sec(s) ago)
(RTTNews) - Malaysia's central bank left its benchmark interest rate unchanged on Wednesday, a ...Full Story»

German Factory Orders Rebound In September (02 hr(s), 19 min(s), 55 sec(s) ago)
(RTTNews) - Germany's factory orders rebounded in September on strong growth in aircraft and o ...Full Story»

European Economic News Preview: Germany Factory Orders Data Due (03 hr(s), 35 min(s), 55 sec(s) ago)
(RTTNews) - Factory orders from Germany and final composite Purchasing Managers' survey result ...Full Story»

India Services Growth Strengthens In October (04 hr(s), 07 min(s), 55 sec(s) ago)
(RTTNews) - India's services activity growth recovered from September's ten-month low on s ...Full Story»

Japan Services PMI Falls To 49.7 In October - Jibun (17 min(s), 05 sec(s) ago)
(RTTNews) - The services sector in Japan fell into contraction territory in October, the latest su ...Full Story»

BoJ Minutes: Japan Economy Shows Modest Recovery (44 min(s), 05 sec(s) ago)
(RTTNews) - members of the Bank of Japan's Monetary Policy Board agreed that Japan's econo ...Full Story»

BoJ Minutes To Be Released On Wednesday (59 min(s), 05 sec(s) ago)
(RTTNews) - The Bank of Japan will on Wednesday release the minutes from its September 19-20 monet ...Full Story»

New Zealand Jobless Rate 4.8% In Q3 (32 min(s), 05 sec(s) ago)
(RTTNews) - New Zealand posted a seasonally adjusted unemployment rate of 4.8 percent in the third ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Malaysia Maintains Key Policy Rate As Expected

11/06/2024 - 02:50 AM (RTTNews)
(RTTNews) - Malaysia's central bank left its benchmark interest rate unchanged on Wednesday, a ...Full Story>>

German Factory Orders Rebound In September

11/06/2024 - 02:12 AM (RTTNews)
(RTTNews) - Germany's factory orders rebounded in September on strong growth in aircraft and o ...Full Story>>

European Economic News Preview: Germany Factory Orders Data Due

11/06/2024 - 00:56 AM (RTTNews)
(RTTNews) - Factory orders from Germany and final composite Purchasing Managers' survey result ...Full Story>>

India Services Growth Strengthens In October

11/06/2024 - 00:24 AM (RTTNews)
(RTTNews) - India's services activity growth recovered from September's ten-month low on s ...Full Story>>

Japan Services PMI Falls To 49.7 In October - Jibun

11/05/2024 - 19:49 PM (RTTNews)
(RTTNews) - The services sector in Japan fell into contraction territory in October, the latest su ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.