ANZ's indicator tracks the movement in the prices received for New Zealand's main export categories
-0.8% m/m in July
- International prices remain 21% higher than July last year
- Eight of the sub-components rose
- Six fell
- Three unchanged
The strong NZD/USD weighed further with local returns down 2.1% m/m,
- still 18% higher than 12 months' prior
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NZD has been on the slide today: