Economic Buzz: New Zealand Import Prices Surge 6.3% In Q3

2 Dec 2022 , 11:39 AM

New Zealands terms of trade fell 3.4 percent on quarter in the third quarter of 2022, Statistics New Zealand reported. Export prices rose 3.1 percent on quarter, exceeding expectations for an increase of 0.9 percent following the 3.7 percent gain in the previous three months. Imports prices surged 6.3 percent on quarter versus expectations for a flat reading following the 6.5 percent jump in the second quarter.Powered by Commodity Insights