New Zealand terms of trade for Q3: -0.3% q/q (expected 0.0%)

News

NZ third quarter terms of trade (comparing the prices of a country’s exports against those for imports … in a nutshell)

-0.3 % q/q, a miss on already low expectations 

  • expected 0.0% q/q, prior +0.6%

Export prices +3.3% q/q  (export volumes +1.8% q/q)

  • import prices +2.6% q/q (import volumes -0.9%) 

more to come  

ForexLive

Products You May Like

Articles You May Like

USD/JPY inches higher as risk recovers slightly on the day
U-G-L-Y…UGLY. Stocks tumble over 3% (Nasdaq down -3.8%) on the day
Trump: Rex Tillerson was as “dumb as a rock”
GBPUSD trades to new lows
What is Goodhart’s law

Leave a Reply

Your email address will not be published. Required fields are marked *