New Zealand posted a seasonally adjusted merchandise trade surplus of NZ$800 Million in May, Statistics New Zealand revealed on Friday.
That missed forecasts for a surplus of NZ$875 million and was down from the downwardly revised NZ$1.598 billion surplus in April (originally NZ$1.920 billion).
Exports were worth NZ$8.88 billion, up from the downwardly revised NZ$8.27 billion in the previous month (originally NZ$8.62 billion).
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