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New Zealand Q2 terms of trade +0.4% q/q (expected -1.3%)
New Zealand Q2 terms of trade +0.4% q/q vs. expected -1.3%, prior -1.5%Export prices -0.6% q/qexpected -2.1%, prior -6.9%Import prices -1.0% q/qexpected -1.4%, prior -5.4%---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 are increasing faster than the prices of its impo...
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Posted: Sep 3 2023, 22:50
Author Name: forexlive
Views: 112586
