| From Bloomberg: New Zealand's commodity export price index fell by the most in 21 years in September, led by dairy, aluminum and beef, ANZ National Bank Ltd. said. The index dropped 4.9 percent from August when it fell 3.3 percent, ANZ said.
Prices declined 1.9 percent from a year earlier. Commodity prices have surged 41 percent in the past two years, buoying farm incomes and exports, which make up 30 percent of the $105 billion economy. A slowing global economy is putting pressure on commodity prices, which will curb New Zealand's expansion, said ANZ senior economist Khoon Goh..... Full Article: Source
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