The rise follows a 1% rise in the March quarter and a 3.2% drop in December.
Nevil Gibson Mon, 02 Sep 2019
Export prices outpaced imports in the June quarter, pushing the merchandise terms of trade up 1.6% from the March quarter.
The terms of trade is a measure of the purchasing power of exports and an increase means New Zealand can buy more imports for the same amount of exports.
It was higher
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
