ANZ Truckometer - FLAT TYRES

  • 09 May

Key Points

· The ANZ Truckometer Heavy Traffic Index bounced 1.4% m/m in April, but annual growth continues to slow and is the weakest since late 2015. It may be starting to back up the Light Traffic Index’s earlier prediction of softer GDP growth mid-year.

· The Light Traffic Index fell 0.5% m/m, continuing its fairly lacklustre performance. This index appears to have flattened off, sending a softer signal for growth from mid-year.

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