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28.02.2019 22:59:54
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New Zealand Terms Of Trade Slide 3.0% In Q4
(RTTNews) - New Zealand's merchandise terms of trade fell a seasonally adjusted 3.0 percent on quarter in the fourth quarter of 2018, Statistics New Zealand said on Friday.
That missed forecasts for a fall of 1.0 percent following the 0.1 percent decline in the three months prior.
Export prices for goods fell 1.7 percent and import prices rose 1.4 percent.
Export volumes for goods rose 0.8 percent and the import volumes rose 0.2 percent.
Export values for goods fell 1.3 percent and the import values rose 2.7 percent.
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