Sharon Zollner: ANZ Chief Economist on the trade deficit numbers for October

The Mike Hosking Breakfast - Podcast tekijän mukaan Newstalk ZB - Tiistaisin

There are signs our annual trade deficit is closing, but not closing enough.  Stats NZ data for October shows it reduced to around $14.8 billion from more than $15 billion in September.  Exports have also fallen by more than 500 million dollars on last year, while imports were down by $1.2 billion.  ANZ Chief Economist Sharon Zollner told Mike Hosking that the gap is narrower, but still significant.  She says we've had an overheated economy with a lot of imports, and we're also working through what's been stocked up from shipping disruptions.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

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