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New Zealand ANZ Commodity Price Index MoM
Latest Release
Dec 04, 2024
Actual2.9%
Previous1.4%
The ANZ Commodity Price Index measures the change in the selling price of exported commodities. Commodities exports comprise a major part of New Zealand's economy. The data also has an effect on the country's trade balance. The report is released monthly by ANZ, one of New Zealand's leading banking and financial services firms.
A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Dec 03, 2024 | 19:00 | 2.9% | 1.4% | ||
| Nov 04, 2024 | 19:00 | 1.4% | 1.8% | ||
| Oct 02, 2024 | 19:00 | 1.8% | 2.1% | ||
| Sep 03, 2024 | 20:00 | 2.1% | -1.7% | ||
| Aug 04, 2024 | 20:00 | -1.7% | 1.5% | ||
| Jul 02, 2024 | 20:00 | 1.5% | 1.1% |
Analysis
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1
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By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.No major U.S. economic reports were released Tuesday but the weight of recent data sent USD/JPY tumbling below 110. The decline...
ANZ Commodity Price Index (MoM) Discussion
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