New Zealand ANZ Commodity Price index December: -4.4% m/m (prior -1.6%)

I’m in catch-up mode after this earlier: EUR/USD testing Monday’s lows

and more from Adam: EUR/USD testing Monday’s lows

Yeah, that’s right … moves in the Australia/New Zealand timezone … all your volatility are belong to me!

But, I digress …

New Zealand ANZ Commodity Price index for December, -4.4% m/m

• prior -1.6%
• Fell for the tenth straight month
• Down a total 17% over calendar year 2014

For December m/m:

• 9 commodity prices recorded a decrease
• 2 increased
• 6 unchanged

• Whole milk powder prices recorded the largest fall in December, falling 11% m/m and down 52% y/y
• Beef prices -10% m/m, but +28% y/y