NZ trade balance bears expectations in March

New Zealand trade balance (YoY) came in at $-2.41B, above forecasts of $-2.74B in March, with the monthly reading also above forecasts $341M in March, actual at $631M. Exports came in at $4.93B, above expectations of $4.4B, while imports came in at $4.3B, above forecasts of $4.06B.
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