Economic Buzz: New Zealand Posts Trade Surplus Of NZ$263 Million In April

New Zealand merchandise trade surplus came in at NZ$ 263 million in April, Statistics New Zealand said on Thursday, representing 5.2 percent on exports, following the NZ$ 156 million deficit in March. Exports were up 7.3 percent to NZ$ 5.05 billion, up from NZ$ 4.79 billion in the previous month and imports jumped 15 percent to NZ$ 4.79 billion, down from NZ$ 4.95 billion a month earlier.