The merchandise terms of trade in New Zealand rebounded 2.5 percent on quarter in the three months to June 2020, following a downwardly revised 0.6 percent decline in the previous period and above market expectations of a 0.9 percent rise. Export prices increased 2.4 percent, rebounding from a 0.2 percent fall in the prior period, while import prices dropped 0.1 percent after rising 0.5 percent in the first quarter of the year.
Terms of Trade in New Zealand averaged 1078.43 points from 1957 until 2020, reaching an all time high of 1528 points in the second quarter of 2020 and a record low of 796 points in the fourth quarter of 1975. This page provides - New Zealand Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Terms of Trade - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Statistics New Zealand
Terms of Trade in New Zealand is expected to be 156.87 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms of Trade in New Zealand to stand at 154.39 in 12 months time. In the long-term, the New Zealand Terms of Trade is projected to trend around 154.25 points in 2021 and 152.95 points in 2022, according to our econometric models.