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NZ data - ANZ Truckometer for October: +0.9% (prior was +1.7%)

Discussion in 'Market News' started by ForexLive, Nov 9, 2015.

  1. ForexLive

    ForexLive Forum Member

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    ANZ Truckometer, a proxy for New Zealand GDP, for October 'Key points' from ANZ: - Heavy Traffic Index 1 lifted another 0.9% in October ... Heavy Traffic Index suggests that Q3 GDP growth may be in a 0.5-1.0% q/q range , which would be a clear improvement on the lacklustre rates seen in the first half of this year. The strong October result is also a good start to Q4

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