Dairy export surge pushes terms of trade up 1% in March quarter
The swing from a 3.2% drop in December was double expectations.
Nevil Gibson
Tue, 04 Jun 2019
The country’s export economy is booming, with the terms of trade for the March quarter coming well ahead of forecasts.
The measure of the buying power of export goods rose 1.0% compared with a 3.2% drop in the December quarter.
A consensus of economists was picking a 0.5% increase but the
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Nevil Gibson
Tue, 04 Jun 2019
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