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Financial News: New Zealand Terms Of Trade Climb 1.0% In

New Zealand Terms Of Trade Climb 1.0% In Q1

06/03/2019 - 18:55:00 (RTTNews)

(RTTNews) - New Zealand's terms of trade rose 1.0 percent on quarter in the first three months of 2019, Statistics New Zealand said on Tuesday.

That beat expectations for an increase of 0.5 percent following the 3.0 percent decline in the previous three months.

Export prices for goods fell 2.6 percent and import prices fell 3.5 percent, the bureau said, while export volumes for goods rose 5.0 percent and import volumes rose 1.2 percent.

Export values for goods rose 2.3 percent and import values fell 0.6 percent.

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