New Zealand terms of trade dropped -0.7% in Q1 as coronavirus hit

<p>New Zealand terms of trade index dropped -0.7% qoq in Q1, worse than expectation of 1.3% rise. Export volume rose 1.8% qoq while import volumes fell -3.9% qoq. Export prices dropped -0.2% qoq while import prices rose 0.5% qoq. Overall export values for goods rose 3.6% qoq to NZD 15.1B while import values dropped -1.9% [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/299744-new-zealand-terms-of-trade-dropped-0-7-in-q1-as-coronavirus-hit/">New Zealand terms of trade dropped -0.7% in Q1 as coronavirus hit</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>