November 26, 2022

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NZ data – June Truckometer (heavy traffic) +1.2% m/m (prior -6.2%)

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New Zealand ANZ Truckometer
for June 

  • Heavy Traffic index up 1.2% on the month vs. the prior -6.2%

  • The Heavy traffic (trucks and buses) index primarily reflects the movement of goods

  • Light traffic index -1.4% m/m 

  • The light traffic index is about the movement of people

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. The index has been impacted by the cessation of international tourism.

NZD not much moved. 

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