New Zealand ANZ World Commodity Price Index, July 2025
-1.8% m/m
- prior -2.4%
- ANZ cite lower dairy product prices weighed
+10.7% y/y,
- ANZ say supported by higher dairy and red meat prices
The NZD Commodity Price Index fell 1.2% m/m on a stronger currency.
As part of the report, ANZ discuss Global shipping prices
- generally higher in July
- exporters expect costs to ease in coming months due to reduced global demand
