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New Zealand January ANZ Commodity Price Index comes in at -1.0% m/m (prior -0.1%)

New Zealand January ANZ Commodity Price Index comes in at -1.0% m/m (prior -0.1%)

The ANZ World Commodity Price Index is a summary of the price trends for New Zealand’s 17 main commodity exports.

  • -1.0% m/m in January vs. -0.1% prior
  • -13.1% y/y
  • in NZD terms -1.2% m/m and -9.9% y/y

As part of this report ANZ look at Global shipping prices:

  • Global shipping prices continued to retreat during January.
  • The Baltic Dry Index is now at its lowest level since June 2020.
  • Demand for shipping has eased, while the suppl... Read More
Posted: Feb 7 2023, 00:08
Author Name: forexlive
Views: 110663

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