| 04.02.2009 - NZ commodity export prices fall in January-survey |
| From Forbes: World prices for New Zealand's main commodity exports fell for the sixth month in a row in January, driven by lower dairy and wood pulp prices. The ANZ bank's commodity price index fell 4.3 percent on the month before and was down 26.5 percent on the same month a year earlier. When translated into New Zealand dollar earnings the index was down 4.3 percent on the previous month and at an 18-month low. It was 2.6 percent down on a year ago..... Full Article: Source |