Terms of Trade for Q1 +4.4% q/q
– expected +1.0%
– prior -2.0%
Sliding prices of imports (lookin’ at you, oil) the big contributor to the ToT improvement:
– Imports -4.3% q/q
Via Stats NZ:
Forex – financial instrument.Forex news
Terms of Trade for Q1 +4.4% q/q
– expected +1.0%
– prior -2.0%
Sliding prices of imports (lookin’ at you, oil) the big contributor to the ToT improvement:
– Imports -4.3% q/q
Via Stats NZ: