New Zealand ANZ Truckometer for June

  • Heavy Traffic index up 1.2% on the month vs. the prior -6.2% m/m

  • The Heavy traffic (trucks and buses) index primarily reflects the movement of goods

  • Light traffic index -1.4% m/m

  • The light traffic index is about the movement of people

ANZ Truckometer is a set of

two economic indicators derived using traffic volume data from

around New Zealand. ANZ use traffic flows in this indicator as a

proxy for economic growth. The index has been impacted by the cessation of international tourism.

NZD not much moved.