New Zealand Terms of Trade Index q/q
Low | 2.0% | 1.7% |
5.1%
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Last release | Importance | Actual | Forecast |
Previous
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New Zealand Terms of Trade Index q/q reflects the ratio between the prices of exported and imported goods. The index is calculated as a quarter-over-quarter value change. Since the economy of New Zealand is highly dependent on exports, higher than expected readings may affect New Zealand dollar quotes positively.
Last values:
actual data
forecast
The chart of the entire available history of the "New Zealand Terms of Trade Index q/q" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.