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Home>New Zealand 2Q Terms of Trade +1.3% Vs 1Q; Market Expected -2.7%

New Zealand 2Q Terms of Trade +1.3% Vs 1Q; Market Expected -2.7%

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Tue, 1 Sep 2015

By Rebecca Howard WELLINGTON, New Zealand--The country's terms of trade, a gauge of the country's purchasing power, rose 1.3% in the second quarter, lifted by dairy. The merchandise, or goods, terms-of-trade index rose 1.3% from the first quarter, Statistics New Zealand said Tuesday, versus a 2.7%
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