NZ September Trade Deficit was worst on record
Trade deficit paints the picture. New Zealanders import 11B NZD more than they export every month. Despite outward appearances the NZ economy is not doing well. Trade deficit continues to widen. US dollar continues to strengthen. Suspect the NZD will continue its down trend until it hits the bottom of extremely long term rising triangle.
Nota
tracking nicely
Aviso legal
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