GDT New Zealand Price Index

Country: New Zealand, NZD
Importance:
Low
Sector: Prices
Source: Global Dairy Trade
Last release
Actual
-2.8%
Forecast
—
Previous
—
Next release
Actual
Coming in 6 days
Forecast
-0.3%
Previous
-2.8%
Actual
Forecast
2 years 5 years All time
Date (GMT)
Reference
Actual
Forecast
-4.3%
-0.2%
-0.3%
-1.1%
0.7%
1.0%
1.1%
-0.9%
-4.1%
1.3%
-1.0%
-0.8%
-1.6%
-1.9%
-0.9%
0.4%
4.6%
1.2%
1.6%
2.2%
1.1%
-0.4%
0.0%
-2.7%
-0.5%
-2.1%
-0.6%
0.9%
3.7%
1.2%
1.4%
0.8%
-1.4%
-0.5%
-2.8%
-0.5%
1.2%
2.0%
1.9%
0.1%

GDT Price Index reflects a change in prices of dairy products in New Zealand. The indicator calculation covers the weighted average percentage of price changes for 9 types of products sold at the Global Dairy Trade auction, which is held twice a month.

The Global Dairy Trade Price Index is considered as a leading indicator of New Zealand's trade balance, because income from exports grows when commodity prices rise.

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