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New Zealand imports rise in July
The value of imported goods rose $676 million (17 percent) to $4.6 billion in July 2013, compared with July 2012, Statistics New Zealand said today. The main contributors to this were aircraft and parts, up $255 million, and crude oil, up $200 million. "Higher goods imports led to a deficit of $774 million, the largest for a July month since 2008," industry and labour statistics manager Louise Holmes-Oliver said. "July months normally have trade deficits, but there were small trade surpluses in July 2011 and 2012." The value of exported goods fell $196 million (4.8 percent) to $3.8 billion. The main contributors to ... (full story)
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