Economists cautious over strong terms of trade

Economists cautious over strong terms of trade
Paul McBeth
Economists are wary of a pullback in exports after New Zealand’s terms of trade chalked up their second-highest level ever in September.The measure shows the purchasing power of New Zealand exports relative to imports, and was up 1.9 percent in the September quarter, well ahead of the 1 percent lift economists expected and the biggest quarterly increase since March 2016.Stats NZ business price manager Bryan Downes said the improving terms of trade were due to sharp increases in prices for exported meat and dairy products, even as export volumes...

More Economy

RBNZ marks 35 years of inflation targeting
Economy

RBNZ marks 35 years of inflation targeting

RBNZ research conference aims to inform monetary policy decisions.

The US dollar may trump the kiwi
Economy

The US dollar may trump the kiwi

Westpac NZ strategy chief says the NZ dollar could head to 58.50 US cents. 

Buzzkill: Honey industry past its sweet spot, report says
Primary Sector

Buzzkill: Honey industry past its sweet spot, report says

The crisis is more of a ‘correction’ than anything terminal, Coriolis says.

Gregor Thompson 04 Nov 2024