Investing.com - New Zealand’s terms of trade index rose less-than-expected in the last quarter, official data showed on Monday.
In a report, Statistics New Zealand said that New Zealand’s Terms of Trade Index rose to a seasonally adjusted annual rate of 1.8%, from 2.5% in the preceding quarter whose figure was revised up from 2.3%.
Analysts had expected New Zealand’s Terms of Trade Index to rise 1.9% 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 1.8%, from 2.5% in the preceding quarter whose figure was revised up from 2.3%.
Analysts had expected New Zealand’s Terms of Trade Index to rise 1.9% in the last quarter.