New Zealand Terms Of Trade Climbs 0.7% In Q3

(RTTNews) - New Zealand's terms of trade advanced an unadjusted 0.7 percent on quarter in the third quarter of 2017, Statistics New Zealand said on Friday.

That missed expectations for an increase of 1.3 percent following the downwardly revised 1.4 percent gain in the three months prior (originally 1.5 percent).

Export prices for goods fell 1.9 percent, while import prices for goods fell 2.6 percent.

Seasonally adjusted goods export volumes rose 0.3 percent and goods import volumes fell 0.7 percent, while goods export values fell 0.4 percent and goods import values fell 4.9 percent.