The New Zealand economy released today its reading of March's Trade Balance index, which showed a surplus of 922 million NZD versus a deficit of 68 million NZD in February, better than forecasts of a surplus at 131 million NZD.
In the same context, Exports rose to 5.70 billion NZD from 4.82 billion NZD in February, higher than forecasts of 5.30 billion NZD, while imports showed a drop of 1 billion NZD, to 4.77 billion NZD from 4.80 billion NZD, worse than the expectations of 5.15 billion NZD.