NZ - Terms of trade index (Q3): % q/q

  • expected 0.0%
  • previous quarter was -2.1% q/q
  • Export goods prices fell for dairy, meat, and forestry
  • Terms of trade have fallen in four of the last five quarters
  • Goods export prices fell 2.8 percent
  • Goods export volumes and values both fell
  • Goods import prices fell 1.0 percent