Nigelinoz
Established Member
- Joined
- Dec 14, 2008
- Posts
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Jetstar blows out New Zealand's trade deficit | The Australian
I'm sure that the new flights will be a positive for the NZ economy in the long run,no gain without pain they reckon.
NEW Zealand's annual trade deficit widened unexpectedly last month as Jetstar Airways took delivery of aircraft to start a new service, providing a one-time boost to imports.
The shortfall widened to $NZ3.18 billion ($2.53bn) in the 12 months to June 30 from a revised $NZ2.97bn in the year to the end of May, the statistics bureau said in Wellington yesterday.
The gap was larger than a median estimate of $NZ2.61bn in a Bloomberg survey of nine economists.
I'm sure that the new flights will be a positive for the NZ economy in the long run,no gain without pain they reckon.