INDEPENDENT NEWS

Imports Flat

Published: Wed 28 Nov 2001 11:18 AM
Overseas Merchandise Trade (Imports): October 2001
The provisional value of merchandise imports for October 2001 is $3,017 million, according to latest figures released by Statistics New Zealand. The imports trend shows little change for the latest month, following falls for the previous three months.
Seasonally adjusted consumption goods imports increased 4.2 per cent in the October 2001 month, following five consecutive monthly falls. Excluding crude oil, seasonally adjusted intermediate goods (goods imported for further processing) increased 2.8 per cent, following two consecutive monthly falls. Capital machinery and plant imports showed a seasonally adjusted 0.6 per cent increase, following a 6.9 per cent fall the previous month.
For the year ended October 2001, the provisional value of merchandise imports is $32,021 million, an increase of 3.9 per cent ($1,200 million) from the previous October year.
The early estimate for October 2001 merchandise exports is $2,750 million, giving a merchandise trade deficit of $267 million for the month, compared with a deficit of $185 million for the October 2000 month. Detailed statistics for October 2001 merchandise exports will be released on 12 December 2001.
Brian Pink
Government Statistician
END

Next in Business, Science, and Tech

Record Dry Spells And Effects On Forests – Expert Reaction
By: Science Media Centre
Official Cash Rate Remains At 1.0 Percent
By: The Reserve Bank of New Zealand
Climate Change Throws Tree Seeding Out Of Sync – New Study
By: University of Canterbury
Novel coronavirus detected in China –Expert Reaction
By: Science Media Centre
Flooding could release toxic gas – Expert Reaction
By: Science Media Centre
More Rain For The South While Dry Continues In The North
By: MetService
Another dry week ahead, with temperatures rising
By: MetService
Auckland Set To Break Dry Spell Record
By: NIWA
Rolleston Fire
By: Fire and Emergency NZ
Farmers Fear New Water Rules Could Push Them Under
By: RNZ
The OCR Should Be Cut
By: Michael Reddell
MPS, OCR and FSR dates for 2021
By: Reserve Bank
Reserve Bank Of New Zealand Keeps Official Cash Rate At 1 Percent
By: RNZ
XE Morning Update
By: XE Morning Update
Economic Growth Slowing Under Coalition Government
By: New Zealand National Party
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media