New Zealand Q3 terms of trade +1.9% vs +0.7% expected

New Zealand terms of trade data:

• Prior was +1.6%
• Export volumes -4.6% vs -2.6% prior
• Import prices 0.0% vs +0.2% expected
• Export prices +1.9% vs +1.2% expected

The rise in export prices is a nice boost for New Zealand trade.