Investing.com - New Zealand’s terms of trade index rose unexpectedly in the last quarter, official data showed on Tuesday.
In a report, Statistics New Zealand said that New Zealand’s Terms of Trade Index rose to a seasonally adjusted annual rate of 4.4%, from -2.0% in the preceding quarter.
Analysts had expected New Zealand’s Terms of Trade Index to fall -0.2% in the last quarter.
In a report, Statistics New Zealand said that New Zealand’s Terms of Trade Index rose to a seasonally adjusted annual rate of 4.4%, from -2.0% in the preceding quarter.
Analysts had expected New Zealand’s Terms of Trade Index to fall -0.2% in the last quarter.