The New Zealand economy released its reading for the trade balance, which showed that the deficit narrowed to NZ $1,242 million vs. $1,628 million in August after it was revised from a deficit by NZ $1,565 million, which is also better than forecasts of $1,375 million.
The country's exports rose to NZ $4.47 billion vs. $4.13 billion in August, surpassing forecasts of $4.30 billion, and imports rose to $5.71 billion vs. $5.69 billion in August, also better than forecasts of $5.70 billion.