New Zealand Q3 terms of trade falls 3.4% (expected +1.6%) - import prices surged

New Zealand data for the July to September quarter of 2022.

Terms of trade index -3.4% q/q

• expected +1.6%, prior -2.4%
• Export prices +3.1% q/q
• Import prices +6.3% q/q

NZD/USD little changed: