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New Zealand commodity price index for December -0.1% m/m (prior -3.9%)

New Zealand commodity price index for December -0.1% m/m (prior -3.9%)

ANZ World Commodity Price Index data.

Down 0.1% m/m in December

  • vs. down 3.9% in November

In NZD terms down 3.8% (NZD rose 2.1% against its Trade Weighted Index)

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In y/y terms down 11.4% in December

  • November was down 11.5% y/y

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As part of its report ANZ look at global shipping rates, which is of broader interest:

  • Global shipping prices have fallen sharply and are nearing pre-pandemic levels.
  • Dem... Read More
Posted: Jan 11 2023, 00:08
Author Name: forexlive
Views: 111615

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