New Zealand ANZ Commodity Price Index October: -0.3% m/m (prior -1.1%)

November 5, 2025
-FXnews

ANZ Commodity Price Index tracks prices received for New Zealand’s main export categories.

The overall index has drifted lower since May, coinciding with the peak in dairy prices that month. However, compared to a year ago the index is still up 4.4%.

The ANZ World Commodity Price Index fell 0.3% m/m in October:

Dairy prices fell 2.5% m/m. Due to dairy’s high weighting, this was enough to offset rising prices in meat and wool (+3.0%), forestry (+1.1%), and aluminium (+5.1%).

In NZD terms the Commodity Price Index rose 1.5% m/m due to the NZD weakening yet again

New Zealand ANZ Commodity Price Index October: -0.3% m/m (prior -1.1%)

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