NZ Trade Deficit NZ$ 186m in July
Afraid this is old news from an hour ago
Worse than market expectation of NZ$ 20m but little impact on the market
The RBNZ have a good case for a further 25bp rise next month after this, which showed strong dairy exports (up 32.1%) and improvements in domestic demand particularly in vehicles/parts )up 33.9%

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The minimum impact of such a worse data is really surprising.
We’ll see… Unemployment went up 1% in the previous report. Backwards looking I guess, but I expect RBNZ’ll elect to hold off.
[...] NZ Trade Deficit NZ$ 186m in July [...]