NZ commodity prices fall 1.8% in December; down 13% in 2015

Tue, 12 Jan 2016

By Tina Morrison Jan. 12 (BusinessDesk) - New Zealand commodity prices slid 1.8 percent in December, taking the annual decline to 13 percent, amid weak demand in global markets. The ANZ Commodity Price Index fell to 238.0 in December, from 242.3 in November and 273.4 in December 2014. The New Zealand dollar index fell 3.9 percent in December, although a decline in the kiwi limited the annual drop to 1.1 percent In December, dairy, meat and horticulture prices all declined. That was offset to some degree by higher forestry and aluminiu...

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