New Zealand Commodity Price Index rose in January

Rose 2.0% m/m in January

• prior -2.1%

In NZD terms the index rose 1.3% m/m

• stronger NZD offsetting higher commodity prices overseas

Earlier:

• New Zealand jobs report shows firmer hiring but unemployment edges to a 10 year high

This article was written by Eamonn Sheridan at investinglive.com.