Home / News / NZ: Truckometer indexes lifted in October – ANZ

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.”

Check Also

Fitch affirms France at ‘AA’, outlook stable – Reuters

Fitch Ratings has recently announced that if kept France’s rating unchanged at ‘AA’ and said …

Leave a Reply

Your email address will not be published. Required fields are marked *