ANZ
May 12, 2026
New Zealand Truckometer April Data
Market ReportMacro Economic IndicatorsIndustrialsConsumer Discretionary
The April 2026 ANZ Truckometer recorded monthly declines in both light (-1.7%) and heavy (-1.2%) traffic indices. While the heavy traffic trend remains positive, the significant drop in light traffic suggests softening economic demand, potentially influenced by high fuel costs.
Key Takeaways
- 1.The Light Traffic Index (LTI) fell 1.7% in April but remains up 2.4% year-on-year.
- 2.The Heavy Traffic Index (HTI) fell 1.2% in April, though it is still trending higher and is up 2.6% year-on-year.
- 3.Light traffic serves as a lead indicator for economic demand, typically leading GDP by six months, while heavy traffic steers real-time production GDP.
Table of Contents
- April data
- Meet the team
- Important Notice
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Authors
Sharon ZollnerDavid CroyMatt Dilly
Securities
ANZ Light Traffic IndexANZ Heavy Traffic Index
Themes
Impact of Fuel Prices on DemandTraffic as a GDP Proxy
Regions
Asia PacificUnited KingdomNew Zealand
