Friday, January 22, 2021

NZ knowledge – ANZ Truckometer for January: 0.4% m/m (prior -0.3%)

The heavy car index +0.4% on the month whereas the prior revised to +0.1%.

Mild site visitors -0.6% m/m

ANZ comment that the heavy site visitors index fell 2.6% q/q in This autumn which is in line with their forecast for ‘gentle’ fall in GDP that quarter

  • ANZ anticipate a recession for This autumn 2020 and Q1 2021. ANZ say it’s going to be a “technical recession” … which is a recession in case you might be questioning. 

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