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New Zealand GlobalDairyTrade Price Index

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New Zealand GlobalDairyTrade Price Index

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Jun 21, 2022
Actual
-1.3%
Previous
1.5%
Measures the weighted-average price of 9 dairy products sold at auction every 2 weeks. It is viewed as a leading indicator of New Zealand's trade balance because rising commodity prices boost export income. The dairy industry is New Zealand's biggest export earner, accounting for more than 29% by value of the country's exports.
Importance:
Country:
Currency: NZD
Source: GlobalDairyTrade (GDT)
New Zealand GlobalDairyTrade Price Index
 
Release Date Time Actual Forecast Previous
Jun 22, 2022 01:00 -1.3%   1.5%
Jun 08, 2022 01:00 1.5%   -2.9%
May 18, 2022 01:00 -2.9%   -8.5%
May 04, 2022 01:00 -8.5%   -3.6%
Apr 20, 2022 01:00 -3.6%   -1.0%
Apr 06, 2022 01:00 -1.0%   -0.9%

Analysis

David Llewellyn-Smith
Australian dollar dead cat bounces By David Llewellyn-Smith - Feb 01, 2022

DXY was down bigly:   The Aussie dollar dead cat bounced:Oil came off. Gold is moribund:Base metals were mixed:But miners (LON:GLEN) were hammered:Despite the EM stock (NYSE:EEM) bounce:And junk...

GlobalDairyTrade Price Index Discussion

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