ANZ Commodity Price Index
Wednesday 7 Aug 2019Under pressure: The ANZ World Commodity Price Index fell 1.4% m/m in July. The recent fall in forestry prices weighed on the index, with dairy price movements also negative. The index has weakened by 0.5% in the past year.
The fall in the index was exacerbated by the strength of the New Zealand dollar during the month of July, resulting in the NZD Index falling 2.8% m/m.
Copyright 2004-2019 © Innovatek Ltd. All rights reserved.