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New Zealand Q1 2023 Terms of Trade data -1.5% q/q. Export and import prices both down q/q

New Zealand Export prices -6.9% q/qexpected -2.2%, prior -0.6%Import prices -5.4% q/qexpected -0.8% prior -2.1%Putting those two together shows the terms of trade down 1.5% q/qexpected flat at 0.0%, prior -6.3%---In brief:Terms of trade refer to the ratio between the prices of a country's exports and the prices of its imports. In other words, it's the relative value of a country's exports to its imports.When the terms of trade of a country are improving, it means that the prices of its exports a... Read More

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Content Topics

Zealand

2023

Terms

Trade

Data

Export

Import

Prices

Forex

Posted: Jun 1 2023, 22:45

Author Name: forexlive

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