New Zealand data - April ANZ World Commodity Price Index 0% m/m (prior -0.4%) ...Middle East

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In NZD terms the index fell 1% m/m

As part of this report each month ANZ comment on shipping costs:

Global shipping prices were generally down slightly in April, although exporters expect costs to ease in the coming months due to reduced global demand. Only the China Containerized Index managed a small rise. It reflects the cost of shipping into and out of China. This article was written by Eamonn Sheridan at www.forexlive.com.

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