Economists cautious over strong terms of trade

Economists are wary of a pullback in exports after New Zealand’s terms of trade chalked up their second-highest level ever in September. The measure shows the purchasing power of New Zealand exports relative to imports, and was up 1.9 percent in the September quarter, well ahead of the 1 percent... 

Read the full story at BusinessDesk 

https://businessdesk.co.nz/article/economists-cautious-over-strong-terms-of-trade

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October 29th Morning Report