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New Zealand GlobalDairyTrade Price Index

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New Zealand GlobalDairyTrade Price Index

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Dec 05, 2017
Actual
0.4%
Previous
-3.4%
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
Dec 19, 2017 09:40     0.4%
Dec 05, 2017 09:40 0.4%   -3.4%
Nov 21, 2017 09:15 -3.4%   -3.5%
Nov 07, 2017 09:35 -3.5%   -1.0%
Oct 17, 2017 09:35 -1.0%   -2.4%
Oct 03, 2017 09:30 -2.4%   0.9%

Analysis

Kathy Lien
Will EUR/USD Hit 1.20 Next Week? By Kathy Lien - Nov 24, 2017 8

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. U.S. dollar bulls have nothing to be thankful for, as it was a short and brutal week for the greenback. The dollar sold off ...

GlobalDairyTrade Price Index Discussion

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