February 8, 2023

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Heavy Traffic index -1.2% m/m (vs. prior +2.8%)

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The ANZ Truckometer is a set of two economic indicators derived using traffic volume data from around New Zealand. 

ANZ use traffic flows in this indicator as a proxy for economic growth.

Heavy traffic index -1.2% m/m

  • prior revised to +3%
  • ANZ note the volatility of this index due to lockdown, freight disruptions
  • ANZ add it is showing a ‘busy’ economy 

Light index +0.6% m/m


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