New Zealand knowledge – ANZ World Commodity Worth Index +1.eight% m/m in January (prior +zero.1%)

New Zealand knowledge – the ANZ World Commodity Worth Index for January 2025:

+1.eight% m/m

• +zero.1% prior

+14.6% y/y

• +15% prior

In NZD phrases (the New Zealand greenback fell in January, pushing up the index in NZD phrases)

+three.2% m/m

• prior +three.6%

+25.1% y/y

• prior +24.7%

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As a part of the report is ANZ’s have a look at transport prices:

• International transport costs had been blended.
• The well-publicised however unstable Baltic Dry Index fell a whopping 31% through the month to its lowest stage since early 2023.
• The China Containerized Index, which measures the price of transport into and out of China, was flat, as was the Harper Peterson Index.

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Its been a busy day to date in New Zealand:

• New Zealand This fall unemployment fee 5.1% (vs. 5.1% anticipated and four.eight% in Q3
• Extra on the New Zealand jobs knowledge – unemployment hitting a four 12 months excessive
• ANZ says NZ jobs knowledge don’t stand in the best way of RBNZ 50bp reduce at assembly on 19 February

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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