NZ data - ANZ's commodity price indicator (Dec 2018): -0.2% m/m (prior -0.5%)

This is ANZ's indicator of price trends for New Zealand's 17 main commodity exports

More (ANZ):

• The ANZ World Commodity Price Index fell marginally in December to finish the year down 3.4% y/y.
• The 0.2% fall in the index in December was the smallest of seven consecutive monthly decreases recorded since May.
• A strong year for forestry prices was not sufficient to offset the weaker prices recorded in the dairy, horticulture and aluminium sectors.
• The NZD index fell by 0.9% m/m in December. The index fell 2.2% across 2018 when measured in local currency terms.

more to come