ANZ Commodity Price Index is a monthly report that tracks the movement in the prices received for New Zealand's main export categories, in both world prices and New Zealand Dollars.
- 2.8% m/m in May
- driven down by weakness in aluminium, dairy and forestry
- in local currency terms the index gained 2.0%, due to the NZ dollar depreciating sharply on a trade weighted index (TWI) basis
more to come
