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New Zealand data - ANZ World Commodity Price Index fell 2.6% m/m in July (prior -1.7%)

New Zealand data - ANZ World Commodity Price Index fell 2.6% m/m in July (prior -1.7%)
The ANZ World Commodity Price Index fell 2.6% m/m in Julyin June it fell 1.7% In local currency (New Zealand dollar) terms the index fell 3.8% m/m, as the NZD appreciated 1.2% in Trade Weighted Index termsANZ cite meat, dairy and aluminium prices all falling as global demand for these commodities weakened further.-As part of this monthly report ANZ look at global shipping prices:Global shipping price movements were mixed in July. The Baltic Dry Index lifted during the month, whilst the Harper Pe... Read More
Posted: Aug 3 2023, 01:05
Author Name: forexlive
Views: 110688

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