OK, as mentioned previously, there is a vast array of numbers being reported for this figure … it’s Monday morning and there may be some weekend hangovers still in play …
The headline Q3 figure IS -3.2% (straight from the NZ Stats report - the horses mouth).
- Seasonally export volumes are up 9.7%
- Export prices down 6.3%
- Import prices down 3.3%
- Terms of Trade are down 9.1% vs. a year ago
NZD/USD is down a few tics – 0.8207
