NZ China  Imports Up
World Economy

NZ China Imports Up

New Zealand’s monthly imports of goods from China reached a record in September, topping 1 billion NZ dollars ($674 million) for the first time, the government statistics agency said Tuesday. Xinhua reported. Monthly imports from China were up 22% to $741.4 million, compared with September 2014, according to Statistics New Zealand. Total monthly imports, excluding large import items, were the highest-ever in September, up 8.1% year-on-year to $3.3 billion. Annual goods imports from China also reached a new high of $6.74 billion in the year to the end of September, up 19% year-on-year. Total goods imports for the year ending September reached $35.03 billion, the highest-ever for a 12-month period. “The value of imports from China has increased across most commodities for the last 12 months,” international statistics senior manager Jason Attewell said in a statement. “Mobile phones and laptops led the increase, up a quarter of a billion NZ dollars.” New Zealand’s trade deficit last month was $808.68 million, or 33% of exports.

Short URL : http://goo.gl/33DcxO
  1. http://goo.gl/HngEh7
  • http://goo.gl/GvEjqq
  • http://goo.gl/npVDlY
  • http://goo.gl/UyoFwM
  • http://goo.gl/XXqQxM

You can also read ...

Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
UK Economy Will Shrink Without Brexit Deal
Britain’s economy will shrink if the country leaves the...