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
-3.6%
-0.3%
-1.3%
-0.1%
-0.9%
-0.1%
-0.2%
-0.1%
-0.7%
-0.3%
-0.1%
-0.3%
0.3%
-2.2%
-3.8%
9.5%
15.0%
1.3%
3.0%
1.3%
1.8%
0.2%
4.8%
0.0%
3.9%
0.0%
1.3%
0.5%
4.3%
-1.9%
1.8%
-3.5%
-2.0%
-3.0%
0.4%
1.7%
2.2%
3.6%
3.6%
2.7%

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.

News