NZD News

New Zealand posted a merchandise trade surplus of NZ$261 million in June, Statistics New Zealand said on Monday - down from NZ$489 million in May.

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The total number of building permits issued in New Zealand was up a seasonally adjusted 3.8 percent in June, Statistics New Zealand said on Friday - coming in at 4,310.

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The total volume of retail sales in New Zealand was up a seasonally adjusted 3.3 percent on quarter in the second quarter of 2021, Statistics New Zealand said on Tuesday - accelerating from 2.8 percent in the three months prior.

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New Zealand posted a record merchandise trade deficit of NZ$2.171 billion in September, Statistics New Zealand said on Wednesday.

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The value of electronic retail card spending in New Zealand was up a seasonally adjusted 10.1 percent on month in October, Statistics New Zealand said on Tuesday - accelerating from the 1.0 percent gain in September.

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The manufacturing sector in New Zealand accelerated in October, the latest survey from BusinessNZ showed on Friday with a Performance of Manufacturing Index score of 54.3.

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The services sector in New Zealand continued to contract in October, and at a faster pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Service Index score of 44.6.

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New Zealand posted a merchandise trade deficit of NZ$1.286 billion in October, Statistics New Zealand said on Thursday.

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The manufacturing sector in New Zealand continued to expand in November, albeit at a much slower pace, the latest survey from BusinessNZ showed on Friday with a manufacturing PMI score of 50.6.

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New Zealand posted a seasonally adjusted current account deficit of NZ$8.3 billion in the third quarter of 2021, Statistics New Zealand said on Wednesday.

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