New Zealand data - ANZ Commodity Prices for August: -0.8% m/m (prior -0.8%)

The ANZ Commodity Price Index +16.3% y/y 9pri +21.1% y/y)

• Six of the sub-components rose

• eight fell

• three were unchanged

Says ANZ:

• The dip in the NZD against most major peers during August helped buffer local returns (+0.2% m/m), with the NZD index also 16% higher than 12 months prior

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ANZ Commodity Price Index

• monthly report
• tracks prices received for New Zealand's main export categories