12 May 1999
Weekly commodities index for New Zealand

THE Commonwealth Bank of Australia has launched the first weekly commodity prices index for New Zealand.

The index weights 18 of the countrys commodity exports according to their contribution to total exports.

It includes: dairy products; livestock products, such as wool, lamb, and beef; and other products such as aluminium, fish, fruit and oil.

The index will be published weekly, at midday every Monday.