NZ: Truckometer indexes lifted in October - ANZ

The ANZ Truckometer indexes of New Zealand lifted in October, notes the research team at ANZ.

Key Quotes

“The Heavy Traffic Index bounced back 4.6% m/m after a soft September quarter. The Light Traffic Index, which gives a 6 month lead on the broader economy, rose 0.4% m/m, with annual growth continuing to slow as the trend flattens off somewhat.”

“The Truckometer indexes are sending a soft signal for Q3, but the bounce-back in the October month is more promising.”

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.