New Zealand’s terms of trade climbed 5.7 percent on quarter in the fourth quarter of 2016, Statistics New Zealand said on Wednesday.

That exceeded expectations for a gain of 4.0 percent following the 1.7 percent decline in the previous three months.

Seasonally adjusted goods export volumes fell 5.8 percent, and goods import volumes rose 1.2 percent.

The material has been provided by InstaForex Company –