ANZ Commodity Price Index

Wednesday 13 Feb 2019

The ANZ World Commodity Price Index started the year strongly with a 2.1% m/m lift, arresting the downward trend present throughout the second half of 2018.

Dairy was the main driver behind the lift in the index, with meat also making a substantive contribution. The NZD index lifted further, up 2.9% m/m in January.

The NZ dollar retraced 1.4% in trade-weighted terms in January. In local currency terms the ANZ Commodity Price Index has increased 3.8% y/y.

ANZ Commodity Price Index

Source: ANZ

Share |

Copyright 2004-2019 © Innovatek Ltd. All rights reserved.