Last quarter the index was up 1.4%, revised lower from 1.5%

the New Zealand terms of trade index for the third quarter came in less than expectations of 0.7% versus 1.3% estimates.

  • Seasonally adjusted export volumes rise +0.3%
  • seasonally adjusted import volumes fall -0.7%
  • seasonally adjusted import prices -2.6% on previous quarter
  • seasonally adjusted export prices -1.9% on previous quarter.

Below is a table of the changes over the last few years.