Import and export prices · New Zealand
New Zealand Terms of Trade QoQ
The New Zealand Terms of Trade QoQ measures the change in the prices of goods that New Zealand buys from (imports) or sells to (exports) the rest of the world.
- Важность
- Medium
- Опубликовано
- Quarterly
- Следующая публикация
- Валюта
- NZD · New Zealand dollar
- Центральный банк
- The Reserve Bank of New Zealand
Последние данные
Последняя публикация, за Q2, вышла 2026-09-02; значение: -9%. Это ниже консенсус-прогноза -2.2%. Это ниже, чем -1.9% в прошлый раз (пересмотрено).
За последние 7 публикаций значение колебалось от -9% до 4.1%, в среднем -0.0%. Показатель снижался три публикации подряд.
| Опубликовано | Для | Факт | Консенсус | Предыдущее |
|---|---|---|---|---|
| 2 Sep 2026 | Q2 | -9% | -2.2% | -1.9% ® |
| 2 Jun 2026 | Q1 | -2% | -1.2% | 3.7% |
| 3 Mar 2026 | Q4 | 3.7% | -0.7% | -2.1% |
| 1 Dec 2025 | Q3 | -2.1% | 0.3% | 4.2% ® |
| 1 Sep 2025 | Q2 | 4.1% | 1.9% | 1.9% |
| 2 Jun 2025 | Q1 | 1.9% | 3.1% | 3.2% ® |
| 2 Mar 2025 | Q4 | 3.1% | 1.1% | 2.5% ® |
Почему это важно
Import prices pass through to consumer inflation, especially when the New Zealand dollar has weakened. Export prices and the terms of trade (export ÷ import prices) show how much a country earns for what it sells, which matters for commodity exporters such as Australia, Canada and New Zealand.
Как считается
Prices of traded goods are surveyed or taken from customs data and weighted by trade shares.
Terms of trade = export price index ÷ import price index × 100Что означают изменения
- Rising import prices with a weak currency: more inflation ahead.
- Improving terms of trade support national income and the currency.
Краткая история
Terms of trade have been studied since David Ricardo's comparative advantage (1817); the Prebisch–Singer thesis (1950) argued that commodity exporters' terms of trade tend to decline.
New Zealand was the first country to adopt formal inflation targeting, in 1990.
Вопросы
What is the New Zealand Terms of Trade QoQ?
The New Zealand Terms of Trade QoQ measures the change in the prices of goods that New Zealand buys from (imports) or sells to (exports) the rest of the world.
What was the latest New Zealand Terms of Trade QoQ?
-9% for Q2, published on 2 September 2026 (consensus -2.2%, previous -1.9%).
When is the next New Zealand Terms of Trade QoQ?
On Tuesday 1 December 2026 at 21:45 UTC.
Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.