New Zealand Imports above expectations ($4.2B) in May: Actual ($4.32B)

NZ trade balance (MoM) for the month of May came at $285M vs $300M exp and $534M last, with the annual print coming at $1.37B vs $1.43B exp and $1.19B last. Exports stood at $4.6B vs $4.56B exp and $4.50B last, while imports were $4.32B vs $4.20B exp and $3.96B last.