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New Zealand ANZ Truckometer for October: Heavy Traffic index -3.0% m/m (prior +4.1% m/m)

New Zealand ANZ Truckometer for October: Heavy Traffic index -3.0% m/m (prior +4.1% m/m)

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Eamonn Sheridan
09/11/2020 | 21:00 GMT

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.

  • Prior revised to 4.0%

Light traffic index +0.6% m/m

ANZ comments:

  • economy has regained considerable momentum

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