New Zealand data: ANZ Commodity Price Index for May +0.3% m/m (prior -1.7%)

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

ANZ comments:

  • Dairy prices lifted but prices for meat, export logs and aluminium fell.
  • In local currency terms the index gained 0.7% m/m, supported by a 0.4% m/m easing of the NZD against the US dollar.
nzd commodity price index may 2023

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