New Zealand June Trade Surplus Narrows to NZD 142M on Lower Exports; July Business Confidence Rises, Consumer Confidence Falls 4.1%

New Zealand's trade data for June 2025 showed a narrowing trade balance surplus of NZD 142 million, down from NZD 1.235 billion in the previous period. Exports decreased to NZD 6.63 billion from NZD 7.68 billion, while imports slightly increased to NZD 6.49 billion from NZD 6.44 billion. The 12-month year-to-date trade deficit widened to NZD 4.37 billion, compared to NZD 3.79 billion previously. In July 2025, the ANZ Business Confidence Index rose to 47.8 from 46.3, indicating improved business sentiment, although the ANZ Activity Outlook marginally declined to 40.6 from 40.9. Meanwhile, consumer confidence in New Zealand dropped by 4.1% month-on-month to an index level of 94.7, down from 98.8 in June, reflecting a decrease in consumer optimism.