Henry Russell: ANZ economist on New Zealand reaching first trading surplus in months
Heather du Plessis-Allan Drive · Newstalk ZB
April 24, 20243m 1s
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Show Notes
New Zealand has achieved its first trading surplus since last May.
Stats NZ trade data for March 2024 shows a monthly surplus of $588 million.
Goods exports rose 3.8 percent in March on March 2023 - driven by fruit exports, which rose $170 million.
ANZ economist Henry Russell says this is down to a post-pandemic bounce-back - and a weakening domestic economy.
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Topics
businessmoneyeconomytrade