BALANCE OF PAYMENTS
Exports And Imports Up (Naw Zealand Peru Aaaociation) WELLINGTON. June 29 New Zealand's export income in May this year was £3s.7m—a rise of £7.7m compared with May last year. Mainly because of a rise of £8 3m in private imports, however, the over-all surplus of £B.6m showed little change from £8 3m for May. 1959. These figures were released today by the Reserve Bank. Details of receipts and payments for the two months are as follows:
Receipts 1959 £m 1960 £m Exports— Butter .. .. 3.7 4.8 Cheese ,. .. 2 0 2.4 Meat .. 9 6 6.0 Wool .. 14 1 10 2 Other .. 64 4.6 Other receipts .. 3.0 3.5 Total receipts .. 38.7 31.5 Payments Government— Debt interest .. 0.3 0.4 Imports .. .. 1.8 2.4 Other .. 1.5 1.5 Private imports .. 20.6 14.3 Other payments .. 5 9 4.5 Total payments .. 30.1 23.2 Balance .. .. +8.6 +8.3
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Bibliographic details
Press, Volume XCIX, Issue 29245, 1 July 1960, Page 15
Word Count
140BALANCE OF PAYMENTS Press, Volume XCIX, Issue 29245, 1 July 1960, Page 15
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