The New Zealand economy issued its trade balance reading which came at NZ$276 million in June, compared with a previous of NZ$814 million during May, while analyst's forecasts referred to NZ$368 million.

Moreover, New Zealand's imports inclined to NZ$3.51 billion in June, compared with a previous NZ$3.39 billion in May, while analyst's expectations estimated of NZ$3.3.36 billion.

Also New Zealand's exports in June slid to NZ$3.78 billion, compared with prior reading in May NZ$4.20 billion, while the analyst's expectations estimated of NZ$3.50 billion