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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
New ZealandNew Zealand ANZ Commodity Price Index MoM climbed to 0.7% in May 2026
FMPMonthlyReleased June 2026
New Zealand ANZ Commodity Price Index MoM climbed to 0.7% in May 2026, released June 2026, up 1.5% from April's -0.8% reading.
Latest Release
0.700000
Actual
—
Consensus
-0.800000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.56 | INDEX | Bearish S&P 500 | → View |
| AUD/NZD | ▲ Direct | +0.49 | FOREX | Bullish AUD | → View |
| XAU/USD | ▲ Direct | +0.48 | COMMODITIES | Bullish XAU | → View |
| NZD/JPY | ▼ Inverse | −0.25 | FOREX | Bearish NZD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
ANZ Commodity Price Index MoM (New Zealand) was reported at 0.7% in June 2026. The reading rose from the previous value of -0.8%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 0.08%, ranging from -2.1% to 4.2% across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 2.3%, up from the prior three at -1.33%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with AUD/NZD, positively correlated (Bullish AUD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Current Account (Jun 16) and GDP Growth Rate QoQ (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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ANZ Commodity Price Index MoM - NZ
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About ANZ Commodity Price Index MoM — New Zealand
DEFINITION
New Zealand's ANZ Commodity Price Index MoM rose 0.7% in May, reversing April's 0.8% decline. May's 0.7% gain follows a contraction in April, signaling a modest rebound in commodity prices. Market focus now shifts to upcoming inflation data for further clarity on the Reserve Bank's policy direction. Updated 6/4/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 0.7 %. Prior reading (May 2026): -0.8 %. Before that (Apr 2026): 4.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.56) — a useful reference for index-focused traders.