ANZ note that Overall traffic is nearly back to year-ago levels.

  • Light Traffic Index +28% in June.
  • Heavy Traffic +14.5%

More from ANZ on the results:

  • two ANZ Truckometer indexes usually reflect economic activity
  • However, the lockdown will have broken the link between light traffic and GDP in particular.
  • The month of June included 8 days of Level 2 lockdown and 22 days of Level 1.

NZ is an oasis of (near) normality in a disrupted world with traffic volumes very close to year-ago levels.