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New Zealand Terms of Trade for Q2 +3.3% q/q (expected +2.5%, prior +0.1%)

New Zealand Terms of Trade for Q2 +3.3% q/q (expected +2.5%, prior +0.1%)

News
Eamonn Sheridan
01/09/2021 | 22:45 GMT

NZ data ... a rising ToT is a positive input for the currency

  • expoirt prices +8.3% q/q (far outstripping the expected +3%)
  • import prices +4.8% q/q (& ditto, expected +1.8%)

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