An economic indicator that measures the percentage change in the ratio of export prices to import prices over a quarter. An improvement in the terms of trade means a country can purchase more imports for the same level of exports, reflecting increased national purchasing power. It is a vital component in analyzing a country's trade balance and overall economic competitiveness.
Calculated by dividing the Export Price Index by the Import Price Index and multiplying by 100, then measuring the quarterly percentage change.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 2, 2026 | — | -2.20 | — |
| Jun 2, 2026 | -2.00 | -1.20 | -0.80 |
| Dec 1, 2025 | -2.10 | 0.30 | -2.40 |
| Sep 1, 2025 | 4.10 | 1.90 | +2.20 |
| Jun 2, 2025 | 1.90 | 3.10 | -1.20 |
| Mar 2, 2025 | 3.10 | 1.10 | +2.00 |
| Dec 2, 2024 | 2.40 | 1.80 | +0.60 |
| Sep 2, 2024 | 2.10 | 28.00 | -25.90 |
| Jun 4, 2024 | 5.10 | 3.10 | +2.00 |
| Mar 3, 2024 | -7.80 | -0.20 | -7.60 |
| Dec 3, 2023 | -0.60 | -1.90 | +1.30 |
| Sep 3, 2023 | 0.40 | -1.30 | +1.70 |
| Jun 1, 2023 | -1.50 | -1.50 | 0.00 |
| Mar 1, 2023 | 1.80 | -1.30 | +3.10 |
| Dec 1, 2022 | -3.40 | 1.60 | -5.00 |
| Sep 1, 2022 | -2.40 | -1.30 | -1.10 |
| Jun 1, 2022 | 0.50 | 0.50 | 0.00 |
| Mar 1, 2022 | -1.00 | -0.80 | -0.20 |
| Dec 1, 2021 | 0.70 | 2.00 | -1.30 |
