05.04.2012 - Commodities 18pct lower than year ago

Export commodity prices continued to slide last month and in NZ dollar terms are now 17.6 per cent lower than their peak a year ago, according to ANZ's commodity price index. In world price terms the index fell 1.7 per cent last month to its lowest level since December 2010 and 10 per cent off its high last May. Eleven of the 17 commodities ANZ tracks fell, three were unchanged and three rose...............................................Full Article: Source

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