Terms of trade up 3pc last quarter
Falling fuel prices helped lift New Zealand's terms of trade 3 per cent in the September quarter.
Falling fuel prices helped lift New Zealand's terms of trade 3 per cent in the September quarter.
NZ posted a smaller-than-expected trade deficit in October as the nation lifted exports, led by a surge in shipments of dairy and logs.
New Zealand probably recorded the tamest inflation in a decade in the third quarter, helped by a tepid economy and a rapidly appreciating currency.
The version of the free market we had wasn't really free or perfect.
Exports were up 15 per cent or $405 million in August from a year earlier to $3.2 billion, led by higher prices for dairy products.
Lower taxes from foreign investors have helped push NZ's current account deficit up.
The value of NZ exports rose 12pc last month, according to the latest monthly trade figures.
Pesticide residue in NZ fruit and veg are at worst ever levels, say pro-organic food lobbyists, with one saying new figures "are the worst I have ever seen".
A Parnell business is making Ikea products available to Kiwis - at a premium.
New Zealand may find itself economic toast if it doesn't get a comprehensive China strategy together - and fast.
Tomato prices across Australia could double or triple in coming months after an act of mass sabotage.
NZ's annual current account deficit reached its lowest level in more than two decades in the year to March, new figures show.