New Zealand - ANZ Commodity Price index for January: -0.9% m/m (prior -3.4%)

Second month in a row its fallen

Previous month revised lower (from -2.8% to -3.4%)

In local currency terms the index is -0.4% in January

Slight wiggle lower for the NZD, it had moved higher ahead of the jobs report earlier and then a touch more after.

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