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New Zealand Terms of Trade - Imports Prices
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Latest Release
Sep 02, 2024
Actual3.1%
Forecast0.5%
Previous-5.1%
Import price index is a measure of the average prices of the goods that a country imports. The headline is the percentage change in the index from the previous month or year. It is generally preferable when the index is based on prices taken directly from the importer. However, in the absence of national sources, data for wholesale prices are taken from world commodity markets and are converted into national currency at period average exchange rates. Changes in this figure represent either a changing foreign demand or a change in prices of foreign goods. Significant changes in foreign goods prices might affect inflation. Increasing index causes higher retail prices in the country. Import price index is an indicator of the economy's total suppy of goods and services.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Dec 02, 2024 (Q3) | 22:45 | 3.1% | |||
| Sep 02, 2024 (Q2) | 23:45 | 3.1% | 0.5% | -5.1% | |
| Jun 04, 2024 (Q1) | 23:45 | -5.1% | 3.8% | ||
| Mar 03, 2024 (Q4) | 22:45 | 3.8% | -0.2% | -0.9% | |
| Dec 03, 2023 (Q3) | 22:45 | -0.8% | -1.0% | ||
| Sep 03, 2023 (Q2) | 23:45 | -1.0% | -1.4% | -5.5% |
Terms of Trade - Imports Prices Discussion
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