NZ Dec. trade data: Exports NZD6.72bn (prior 6.68bn) & Imports NZD7.19bn (prior 8.54bn)

New Zealand data for December 2022.

Trade balance -475mn

• prior -1863mn

Exports NZ$ 6.72bn

• prior 6.68bn

Imports NZ$ 7.19bn

• prior 8.54bn

For the year total, NZ trade balance was a deficit of 14.46bn NZD NZD The New Zealand Dollar (NZD) is the official currency of New Zealand and the tenth most traded currency in the world. Also referred to as the Kiwi, the currency is also utilized in several Pacific islands, including Tokelau, the Cook Islands, Pitcairn islands, and Niue.The NZD’s history is long, extending back to 1934 with the creation of the Reserve Bank of New Zealand. While far from the most traded currency in the global forex market, the NZD has a key role nonetheless.The NZD is considered a The New Zealand Dollar (NZD) is the official currency of New Zealand and the tenth most traded currency in the world. Also referred to as the Kiwi, the currency is also utilized in several Pacific islands, including Tokelau, the Cook Islands, Pitcairn islands, and Niue.The NZD’s history is long, extending back to 1934 with the creation of the Reserve Bank of New Zealand. While far from the most traded currency in the global forex market, the NZD has a key role nonetheless.The NZD is considered a Read this Term

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NZD not a lot moved on the data release. The trade data is not a forex focus for now. The Reserve Bank of New Zealand is still in the midst of a hiking cycle in its battle against inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term. Last week's CPI data from NZ resulted in many analysts lowering their terminal rate forecast.

• New Zealand analysts says "The world war on inflation is being won." RBNZ peak rate lower.

• ANZ New Zealand revise forecasts for RBNZ rate hikes ahead - lower terminal rate seen

Coming up from the Reserve Bank of New Zealand: