Monitor the NZ Overseas Trade Index q/q to gauge trade balance health and its impact on the NZD.
Calculates the import volume that can be acquired with an equivalent volume of exports.
What it Measures
Represents the variation in prices of goods traded internationally.
Usual Effect
When the 'Actual' number exceeds the 'Forecast', it is favorable for the currency.
Source & Frequency
Statistics New Zealand (latest release) - https://www.stats.govt.nz/ • Released quarterly, typically around 60 days after the close of the quarter.
How Data is Derived
N/A
Also Known As
Terms of Trade Index, Overseas Merchandise Trade Index
Acronym
N/A