Tracks prices for New Zealand's 17 main commodity exports
+0.6% y/y (fropm 5.6% in January - revised figure)
ANZ say the virus outbreak in China is only partilly captured in the month's results - which is code for further fal;l;s to come
In NZD terms (which is what matters to local producers in NZ)
- +0.9% m/m
- +7.1% y/y
reflecting the weaker NZD