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.
- 重要性
- Medium
- 发布时间
- Quarterly
- 下次发布
- 货币
- NZD · New Zealand dollar
- 中央银行
- The Reserve Bank of New Zealand
最新数据
最新一期（Q2）于 2026-09-02 公布，数值为 -9%。 低于 -2.2% 的市场预期。 低于上次的 -1.9%（已修正）。
最近 7 次公布中介于 -9% 至 4.1%，平均 -0.0%。 已连续三次公布下降。
| 发布时间 | 期限 | 实际值 | 预期值 | 前值 |
|---|---|---|---|---|
| 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% ® |
为何重要
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.
计算方法
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 × 100变化意味着什么
- Rising import prices with a weak currency: more inflation ahead.
- Improving terms of trade support national income and the currency.
简史
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.
问题
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.
仅供学习参考，不构成投资建议。数据为我们日历记录的已发布结果；所述市场反应为典型情况，并无保证。