Found this answer appropriate to my question. https://www.mathworks.com/matlabcentral/answers/592654-how-do-i-calculate-monthly-mean-of-a-3-d-matrix#answer_493585.
How to reshape a 3D timeseries matrix(lon,lat,time) from daily to monthly? or from monthly to annual?
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I need to convert a spatia-timeseries matrix from a daily resolution to a monthly resolution. A similar procedure exists for 1D timeseries but I havnet found one for 3D problems. Please refer to https://www.mathworks.com/matlabcentral/fileexchange/46508-reshape_daily?s_tid=blogs_rc_5 for the 1D solution.
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