Stats NZ reported:
Exports rose 9.4 percent in the September 2013 quarter, after adjusting for seasonal effects, and imports rose 8.4 percent, Statistics New Zealand said today.
The Herald reported:
The deficit was $199 million in September, down from a revised gap of $1.23 billion in August, according to Statistics New Zealand. The annual deficit was $1.54 billion, from $2.1 billion the previous month. A monthly deficit of $750 million was expected for an annual gap of $2.12 billion, based on a Reuters forecast.
Another area that has started improving as Labour starts complaining about it!
Tags: current account deficit, trade