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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
New ZealandNew Zealand GlobalDairyTrade Price Index fell to 0.9% in August 2026
FMPMonthlyReleased September 2026
New Zealand GlobalDairyTrade Price Index fell to 0.9% in August 2026, released September 2026, down 1.4% from July's 2.3% reading.
Latest Release
0.900000
Actual
—
Consensus
2.300000
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 | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.29 | COMMODITIES | Moves with | → View |
| NZD/USD | ▲ Direct | +0.28 | FOREX | Moves with | → View |
| AUD/USD | ▲ Direct | +0.26 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GlobalDairyTrade Price Index (New Zealand) was reported at 0.9% in September 2026. The reading fell from the previous value of 2.3%. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 0.01%, ranging from -4.9% to 6.7% across 19 releases.
WHY IT MATTERS
The trailing three releases averaged 1.1%, up from the prior three at -2.77%. Volatility over the past year (σ 3.45%) is higher than the prior year (σ 2.2%). In September readings over the past 3 years, GlobalDairyTrade Price Index has averaged -1.4%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Current Account (Sep 15) and Current Account (Sep 15).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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GlobalDairyTrade Price Index - NZ
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About GlobalDairyTrade Price Index — New Zealand
DEFINITION
New Zealand’s GlobalDairyTrade Price Index rose 0.9% in August, down from July’s 2.3% gain. August’s increase signals a slower pace of price growth compared to the prior month’s expansion. Market participants will watch upcoming data for further clarity on dairy price momentum. Updated 9/1/26
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 (Sep 2026): actual 0.9 %. Prior reading (Aug 2026): 2.3 %. Before that (Aug 2026): 0.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.
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EXPECTED ZONE
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Economic Calendar - NZ Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 22:45 | NZ | Electronic Retail Card Spending YoY | 0.2 | 3.4 | 3 | 1.60 | Low |
| 22:45 | NZ | Electronic Retail Card Spending MoM | -0.9 | 1.2 | -0.7 | -0.80 | Low |
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 02:35 | NZ | 3-Month Bill Auction | 2.902 | 2.878 | 2.809 | 2.86 | Low |
| 21:00 | NZ | Westpac Consumer Confidence | 80.4 | 82.3 | 76.05 | Low | |
| 22:45 | NZ | Current Account | -1.01 | -2.65 | -2.64 | Medium | |
| 22:45 | NZ | Current Account | -1.01 | -7.5 | -7.49 | Medium | |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 22:45 | NZ | GDP Growth Rate YoY | 1.5 | 2.3 | 2.50 | Medium | |