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Annual change in terms of trade index for dairy farm operators New Zealand 2008-2017

This statistic depicts the percentage change in the terms of trade index for dairy farm owners in New Zealand from financial year 2008 to 2017. In the financial year 2017, the terms of trade index increased by 41 percent compared to the previous year.

Annual change in terms of trade index for dairy farm operators in New Zealand from financial year 2008 to 2017

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Sources

Release date

April 2019

Region

New Zealand

Survey time period

FY 2008 to FY 2017

Supplementary notes

Terms of trade is the ratio of prices received for outputs to prices paid for inputs. The ratio indicates the real purchasing power of each dollar of revenue at the farm gate relative to previous years.

The source does not specify the period for the financial year. In general, New Zealand's financial year runs from April of one year to March of the following year; for example, financial year 2017 starts on April 1, 2016 and ends on March 31, 2017.

Note: This work is based on/includes Stats NZ's data which are licensed by Stats NZ for re-use under the Creative Commons Attribution 4.0 International license.

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