GDT New Zealand Price Index

Country: New Zealand, NZD
Importance:
Low
Sector: Prices
Source: Global Dairy Trade
Last release
Actual
N/D
Forecast
-0.5%
Previous
1.5%
Next release
Actual
Coming in 1 day
Forecast
—
Previous
—
Actual
Forecast
2 years 5 years All time
Date (GMT)
Reference
Actual
Forecast
2.8%
-5.5%
-2.8%
-1.4%
-2.3%
-2.4%
0.5%
6.6%
4.2%
1.3%
2.3%
2.8%
1.2%
-1.6%
2.3%
5.2%
1.6%
2.7%
0.0%
-2.1%
-0.7%
0.1%
4.3%
0.6%
4.4%
0.1%
4.6%
-0.4%
2.7%
-2.2%
-7.4%
-0.7%
-4.3%
1.1%
-1.0%
1.9%
-3.3%
-1.0%
0.0%
-2.4%

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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