Medium Impact
NZD - Terms of Trade Index (QoQ) - (4Q)
March 09, 2010 22:45 GMT
Actual
5.7%
Forecast
Previous
-1.30%
Source:
Statistics New Zealand
Measures (What does it measure?):
The favorability of New Zealand’s trade terms.
Frequency:
Quarterly
Purpose (Why should traders care?):
The terms of trade are calculated as the ratio of an export to the price of an import. When terms of trade are strong, it typically indicates that there is an increased demand for New Zealand exports or the dollar.
Also Known As: