New Zealand November ANZ commodity price index +4.3% vs +1.2% m/m prior

Author: Adam Button | Category: News

Monthly commodity price data from ANZ

  • Largest gain since Sept 2016
  • Up 12.4% y/y
  • Beef prices surged 19% m/m on supply shortages abroad
  • Kiwifruit prices rose 3.3% m/m
  • NZD index +3.5% m/m

The data is from the world price index, which is demoninated in USD.

This is a low-tier indicator but it's another good sign for the New Zealand dollar.

ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose