New Zealand shows large $774 million trade deficit

FXstreet.com (Barcelona) - New Zealand Trade Balance (MoM) for the month of June came at -$774Mvs $50M exp and $414M prior. On a yearly basis, NZD Trade Balance (YoY) for June stood at $-1.69 vs $-0.83B exp and $-0.78B last. Exports for July was up to 3.85B vs $3.92B exp and $4.02B prior. Meanwhile, Imports for July came at 4.62B vs $3.95B exp and $3.60B last. It was reported that Aircraft and parts led the increase in imports.