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New Zealand - ANZ Commodity Price index for February +1.3% m/m (prior -1.0%)
ANZ's indicator of price trends for New Zealand's 17 main commodity exports
Had been falling m/m for 10 consecutive months before the rise.
In NZD terms the index gained 2.0% m/m, supported by a 0.8% m/m easing of the NZD against the Trade Weighted Index.
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As part of the report ANZ provides this:
- Global shipping prices generally trended lower during February for New Zealand exporters. This is reflected in the indices for containerised movements in the gr... Read More
Posted: Mar 6 2023, 00:02
Author Name: forexlive
Views: 102556
