New Zealand – ANZ Commodity Price index for December -0.2% m/m (vs. prior 2.8%)

  • ANZ's indicator of price trends for New Zealand's 17 main commodity exports

The December report shows this index was +23.7% for the year (2021)

In NZD terms:

  • +3.1% m/m
  • +28% y/y

ANZ comments on global shipping in the report:

  • Global shipping costs have fallen, but remain volatile.
  • The Baltic Dry Index dropped a further 26% during December, while falls in other shipping price indices were less dramatic.
  • Delays at ports and limited airfreight options are expected to keep freight costs elevated throughout 2022.

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access