New Zealand Terms of Trade for Q3 rose 0.7% on the qarter

  • expected 2.0%, prior 3.3% q/q

the price index for exports rose 4.6% q/q

  • expected +1.4% (Reuters poll)
  • Q2 was a 2.9% rise

the price index for NZ imports +3.8% q/q

  • expected +3%
  • Q2 was +4.8%

more to come