The New Zealand dollar extended its decline against its trans-Tasman counterpart after Australian government figures showed annual inflation accelerated to its fastest pace in four years, and ahead of the Reserve Bank of New Zealand's interest rate review tomorrow. "AKB MarCom Tips," I included reviews of my favorite four copywriting resource books. Imports from China were also up the most from any country, increasing 14% in a month when KiwiRail took delivery of new Chinese-built rolling stock, while an 8.2% increase in imports from Australia was led by cereals and raw sugar.
Total imports were up 15% for the month of August, compared to the same month a year earlier, at $4.1 million, led by petroleum and products, while exports were up 10% to $3.4 billion, led by increases of around $70 million each in receipts from meat, crude oil and dairy commodities. Last month an established publication called "Fast Company" or @fastcompany on Twitter.
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